Although women and minorities have broken the glass ceiling in businesses and female minorities have broken the “double glass ceiling,” a stark salary inequity still looms. In 2014, it was reported that women were only paid 79% of what men make, resulting in a gap of 21%.1 In an effort to combat these effects, President…
Author: Christina Martin
Women and Minority-Owned Businesses Grow Rapidly But Lag Behind in Revenue Shares
Throughout the decades, women and minorities have made considerable advancements in entrepreneurship and ownership in a variety of business ventures.1 Amongst all ethnicities, women-owned businesses are growing more quickly than male-owned businesses.2 However, their revenue shares lag vastly in comparison to that of their male or non-minority counterparts.3 According to research by the Pew Research…
NOLA’s Economic Recovery After Ten Years
On August 29, 2005, Hurricane Katrina pummeled the Gulf Coast in what became a devastatingly historic event that affected hundreds of thousands of lives in Louisiana, Mississippi, and Alabama.1 Katrina left catastrophic damage in New Orleans, Louisiana (NOLA) and caused over $100 billion in damage.2 Approximately 30% of NOLA’s residents lived in poverty at the…