Women and Wealth: A Guide for Every Lifestage

Mar 04

Women have made significant strides in building strong careers in every avenue of the workforce in recent decades. Recent research highlights women’s increasing participation in traditionally higher-paid, male-dominated professions. The now decades-long focus on encouraging STEM education for girls and women has dramatically increased the number of women forging ahead in related vocations.

The U.S. Census Bureau reports that while overall women’s workforce participation is up slightly in the 20 years between 2000 and 2019, certain careers have seen tremendous inflows of women. The number of women becoming veterinarians has doubled. Women are becoming chemists and other scientists, mathematicians, and dentists at impressive growth rates.

Source: U.S. Census Bureau; 2000 Census and 2019 American Community Survey.

As women enter higher-paid professions at increasing numbers, they lower the gap between male and... ...