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Wisconsin IDEA
Insight • Data • Economics • Analysis
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Exploring the Landscape of Women-Owned Businesses in Wisconsin
Nearly Two-Thirds of Total Businesses in the Health Care and Social Assistance Sector are Women-Owned
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In this month’s data snapshot, we explore the landscape of women-owned businesses in Wisconsin. To calculate sector shares, we utilize both employer and nonemployer establishments to present a comprehensive picture, as focusing solely on employers would disregard a significant segment of women entrepreneurs. For example, focusing on employer business would exclude a staggering 89% of women-owned businesses in Wisconsin which currently have no employees.
Leading the way among women-owned businesses, the health care and social assistance sector stands apart from other sectors, claiming nearly two-thirds of the total share of establishments. Within this sector, we find a diverse range of enterprises, including ambulatory health care services, hospitals, nursing and residential care facilities, as well as a substantial number of home health aides. These businesses play a vital role in supporting not only the economic strength of regional economies but also the well-being of communities across the state.
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Econ Quiz: Women’s Labor Force Participation
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During the second half of the 20th century, women’s participation in the labor force increased rapidly, rising from about 34% in 1950 and peaking at around 60% in 1999 as educational and career opportunities for women began to open up in the second half of the 20th century.
The labor force participation rate is calculated by comparing the number of people who are employed or looking for employment, to the number of civilians aged 16 or older who are not looking for work. This excludes people in the armed forces or those who belong to an institution such as a nursing home, juvenile facility, etc. As of May 2023, the overall U.S. labor force participation was 62.6%, up from a pandemic low of 60.1% in April 2020, but not yet reaching the rate of 63.3% as seen in February 2020, the last month before the pandemic. Similarly, the national average for women in the labor force, which decreased by 1.3 percent from 2019-2021, began recovering in 2022, reaching 56.8 percent in May 2023 and continuing to climb.
Wisconsin’s overall labor force participation rate exceeded the national average in 2022, as it has continued to do since 1979, reaching 65.1% in May 2023, the latest month available. Not surprisingly, at 2.4%, Wisconsin also achieved a lower unemployment rate than the national average, 3.6%, ranking 9th in the nation.
That brings us to today’s question. Do Wisconsin women continue this trend of exceeding national numbers in the labor market? If 56.8% of women nationwide participated in the workforce in 2022, what percentage of women in Wisconsin participated in the labor force last year?
A. 35.7%
B. 48.4%
C. 50.3%
D. 59.3%
E. 62.0%
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Rural Livability Research Associate (Post-Doc)
The Rural Livability Project is a research and outreach collaboration between faculty in the Department of Agricultural and Applied Economics and Extension Specialists in the Division of Extension at the University of Wisconsin-Madison. The project is aimed toward identifying and typifying thriving rural communities and studying the critical features alone and in combination that sustain them in the long-run. The project builds on the expertise of an experienced team with success publishing peer-reviewed journal articles and conducting impactful local outreach.
The Rural Livability Project team seeks applications for one research associate for an appointment of up to three years. The research associate will be responsible for conducting economic and statistical analysis related to rural economic development, as determined by the progress and needs of the project. There is a strong expectation that this research will contribute both to the research foundation and outreach products of the project. Examples of techniques that be used include fuzzy cluster analysis, Bayesian model averaging, and spatial causal inference modeling, among others.
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| Unlocking the Potential: Exploring Rural Recruitment & Welcoming Strategies
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Tuesday, August 15, 2023 | 12 pm - 1 pm (CST)
Dive into the world of rural recruitment and welcoming strategies. Drawing inspiration from successful initiatives in Minnesota communities, this webinar will provide practical tools and insights that can be applied to Wisconsin communities. Whether you are a community leader, organizer, or simply passionate about revitalizing rural areas, this presentation offers valuable knowledge to help foster growth and enhance community engagement. Using real world case studies, we will:
- examine the approaches employed by community leaders in Minnesota
- distill valuable lessons learned into actionable advice
- discuss the practical tools and community processes that have proven effective in attracting and retaining new residents
Don’t miss this empowering session that aims to rewrite the narrative surrounding rural areas. Together, let’s uncover the untapped potential and create a brighter future for rural America.
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Broadband Planning Workshop Series
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Upcoming Sessions:
- Prioritize and focus your local broadband community engagement. August 14, 2023 | 12 - 1 pm (CST)
- Tools to inform local broadband planning, Part 1: Surveys and Conversations. August 21, 2023 | 12 - 1 pm (CST)
- Tools to inform local broadband planning, Part 2: Community Forums and Asset Mapping. August 28, 2023 | 12 - 1 pm (CST)
Each session will have 30-40 minutes of content. The remainder of the hour will be held for Q&A.
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UW-Madison Division of Extension Community Food Systems Program is partnering with Green Bay nonprofit New Food Forum to organize a 2-day summit for Wisconsin food and farming entrepreneurs! The 2023 FEED Summit will be held in-person on November 13-14, 2023, in Green Bay, Wisconsin. This year’s theme is: ADDING VALUE to Your Food or Farming Business!
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(Wisconsin Public Radio - 7/19/2023)
(Wisconsin Public Radio - 7/17/2023)
(Wisconsin Public Radio - 6/23/2023)
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Equal Employment Opportunity & Affirmative Action Statements
An EEO/AA employer, the University of Wisconsin-Madison Division of Extension provides equal opportunities in employment and programming, including Title VI, Title IX, the Americans with Disabilities Act (ADA) and Section 504 of the Rehabilitation Act requirements. Please make requests for reasonable accommodations to ensure equal access to our educational programs as early as possible preceding the scheduled program, service, or activity.
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