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March is National Women’s History Month, which recognizes the contributions of women to history, society and culture. The month-long observance, celebrated since 1987, honors women who changed history—women like Abigail Adams, Sojourner Truth, Susan B. Anthony and Rosa Parks—and countless others who, despite systemic discrimination, fought for equality and justice, and achieved greatness in their chosen field of endeavor.
Despite the incredible courage and hard work of generations of women, we are still a long way from an equitable society. Women constitute 27 percent of Congress, but over half the population. At Fortune 500 companies, women account for just over seven percent of CEOs. Women make up only 28 percent of the STEM workforce. Women’s median earnings are 80.8 percent those of men. A black woman has to work 19 months to earn what white men do in a year, according to the National Partnership for Women and Families. Latina women earn $0.57 for every dollar earned by white men.
Across the U.S., 15.5 percent of women live in poverty compared with 11.9 percent of men. Retired women are twice as likely as retired men to live in poverty. Workplace sexual harassment and assault are common, and drive many women from their jobs. Sixty-six percent of female service members report sexual harassment or assault. As many as one in four women are victims of domestic violence.
These inequalities and injustices were exacerbated by the COVID-19 pandemic, which has had a disproportionate impact on women’s participation in the workforce, placed greater burdens on paid and unpaid caregivers, and increased rates of domestic violence. Today, the constitutional right to abortion is threatened as States seek to restrict and deny critical reproductive health care and bodily autonomy.
Yet women everywhere, inspired by heroines who changed history, are making great strides in the ongoing fight for equality. According to A Proclamation on Women’s History Month, 2022 by President Joe Biden—“Women of the labor movement are achieving monumental reforms to help all workers secure the better pay, benefits, and safety they deserve. LGBTQI+ women and girls are leading the fight for justice, opportunity, and equality — especially for the transgender community. Women and girls continue to lead groundbreaking civil rights movements for social justice and freedom, so that everyone can realize the full promise of America.”
The companies of The Fedcap Group are represented by women at every level, and we are stronger for it. Please join us during this Women’s History Month in honoring women who have changed the world, and those who continue the struggle for equality and fairness.