Friday, September 07, 2007

Women and Self-Employment: Our New Fact Sheet

Self-employment is one of the fastest growing areas of employment for women. One in ten Canadian women are entrepreneurs.

ACTEW’s newly released fact sheet on women and self-employment finds that while self-employment in general has been on the rise since the mid-1970s, the number of self-employed women has nearly tripled over the last 20 years, compared to a 60% increase for Canadian men.

Here are some general trends and quick facts on women’s self-employment:Self-employment is an important employment option for women. When Canadian women were asked the main reasons they became self-employed, 85% stated that a desire for more challenging work was the most important factor in their decision. Women in rural areas, where employment is limited, are more likely than urban women to be self-employed. This form of work can sometimes offer a more flexible schedule, which is helpful for women who are looking for more life-work balance in their lives.

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