Women-Owned SMBs Projected to Lead Job Creation

Women small business owners will generate more than five million new jobs in the next eight years, meaning that more than half of the 9,720,000 new small business jobs expected to be formed by 2018 (predicted by the Bureau of Labor Statistics) will be from women-owned small businesses. John Krubski, a research advisor to The Guardian Life Small Business Institute, which released this projection, says, “Women small business owners will ultimately create more opportunities for employees to grow in their jobs and inspire others to start their own small business—all while providing customers superior service.” Women-owned businesses currently account for 16 percent of al small businesses in operation. For the full article, visit prnewswire.com.