In the last year, the number of unemployed men has increased by 45%, accounting for 8 out of 10 job losses. Today, 70% of married women aged 16-59 are in the workforce and one in five is the breadwinner. But, rather then work for large organisations, one million women are choosing to start the company formation process.
Tellingly, most female entrepreneurs are aged 34-44 – the age most likely to have young children – and 21% say they became self-employed because of ‘family commitments.’
By 2015, 70% of graduates are expected to be female – and 70% of them say their main ambition is to run their own company – so the number of women in business is only likely to increase as a new generation comes of age.