How We Work
Asian women in the workplace is the least likely group to be seen and promoted as leaders and also least served by our firm’s diversity and inclusion efforts.
Asian Women at Work
Among adult women, the Asian women workforce participation rate is 58.8%, the second highest behind Black women. As of Jan 2023, 5.0 million of us are employed, rebounding from a low of 3.8 million from May 2020 during the pandemic. We are highly varied in occupation, education and employment rate by ethnicity.
More Asian women are becoming entrepreneurs. There are 1 million Asian women-owned businesses in the U.S., 1 out of 2 Asian women-owned business was started by a Gen Xer.
Our Pay is Not Equal
We make $0.80 for every dollar that a White male makes on average. If working full-time, we make $0.92 for every dollar that our White male counterpart makes. We make even less compared to Asian males. We make $0.79 for every dollar that our Asian male counterpart makes. There is a wide disparity in pay gap by sub-racial group.
Looking at educational attainment, 55% of Asian women have at least a Bachelors degree vs. 38% of White men. Those of us with a bachelor’s degree are paid 22% less than our White male counterpart, while those of us with an advanced degree are paid 14% less.