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Nationwide, 7.7% of female workers own their own business, according to data from the U.S. Census Bureau. For many of these women, entrepreneurship offers more flexibility than traditional jobs, which is appealing.
But starting a business is also risky. The median annual income for full-time female entrepreneurs is $40,000, slightly lower than the median annual income among all full-time female workers of $43,000.
Compared to men, women earn less across all worker classes. However, the gender wage gap among full-time entrepreneurs – a full $15,000 per year difference – is the largest.
Here are the large metro areas where female entrepreneurs fare best:
15. San Jose-Sunnyvale-
Santa Clara, CA
–Median income for full-time female entrepreneurs (adjusted): $44,309
–Median income for full-time female entrepreneurs (actual): $58,000
–Median income for all full-time female workers (actual): $68,000
–Percentage of female workers that are entrepreneurs: 8.2%
14. Cincinnati, OH-IN-KY
–Median income for full-time female entrepreneurs (adjusted): $44,444
–Median income for full-time female entrepreneurs (actual): $40,000
–Median income for all full-time female workers (actual): $44,000
–Percentage of female workers that are entrepreneurs: 4.9%
13. Seattle-Tacoma-Belleville, WA
–Median income for full-time female entrepreneurs (adjusted): $44,723
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $55,000
–Percentage of female workers that are entrepreneurs: 9.4%
12. Las Vegas-Henderson, NV
–Median income for full-time female entrepreneurs (adjusted): $44,923
–Median income for full-time female entrepreneurs (actual): $43,800
–Median income for all full-time female workers (actual): $40,000
–Percentage of female workers that are entrepreneurs: 8.1%
11. Providence-Warwick, RI, MA
–Median income for full-time female entrepreneurs (adjusted): $45,135
–Median income for full-time female entrepreneurs (actual): $45,000
–Median income for all full-time female workers (actual): $48,000
–Percentage of female workers that are entrepreneurs: 5.3%
10. Washington-Arlington-Alexandria,
DC, VA, MD, WV
–Median income for full-time female entrepreneurs (adjusted): $47,297
–Median income for full-time female entrepreneurs (actual): $56,000
–Median income for all full-time female workers (actual): $63,000
–Percentage of female workers that are entrepreneurs: 7.6%
9. Tuscon, AZ
–Median income for full-time female entrepreneurs (adjusted): $47,319
–Median income for full-time female entrepreneurs (actual): $45,000
–Median income for all full-time female workers (actual): $37,600
–Percentage of female workers that are entrepreneurs: 9.2%
8. Hartford, CT
–Median income for full-time female entrepreneurs (adjusted): $49,116
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $56,000
–Percentage of female workers that are entrepreneurs: 6.6%
7. Portland-Vancouver, OR, WA
–Median income for full-time female entrepreneurs (adjusted): $49,164
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $50,000
–Percentage of female workers that are entrepreneurs: 10.6%
6. Austin-Round Rock, TX
–Median income for full-time female entrepreneurs (adjusted): $49,751
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $49,000
–Percentage of female workers that are entrepreneurs: 9.2%
5. Raleign, N.C.
–Median income for full-time female entrepreneurs (adjusted): $51,975
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $47,400
–Percentage of female workers that are entrepreneurs: 7.8%
4. Memphis, TN, MS, AR
–Median income for full-time female entrepreneurs (adjusted): $54,885
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $40,000
–Percentage of female workers that are entrepreneurs: 4.4%
3. Louisville, KY, IN
–Median income for full-time female entrepreneurs (adjusted): $55,006
–Median income for full-time female entrepreneurs (actual): $50,000
–Median income for all full-time female workers (actual): $41,000
–Percentage of female workers that are entrepreneurs: 5.0%
2. Birmingham, AL
–Median income for full-time female entrepreneurs (adjusted): $56,351
–Median income for full-time female entrepreneurs (actual): $50,040
–Median income for all full-time female workers (actual): $42,000
–Percentage of female workers that are entrepreneurs: 5.2%
1. Denver-Aurora, CO
–Median income for full-time female entrepreneurs (adjusted): $56,444
–Median income for full-time female entrepreneurs (actual): $60,000
–Median income for all full-time female workers (actual): $50,000
–Percentage of female workers that are entrepreneurs: 8.8%

State Fire Marshal’s Office deputies continue to investigate the circumstances surrounding a house fire that claimed the life of the homeowner.

Around 5:15 a.m. June 30, the Morgan City Fire Department responded to a house fire in the 600 block of Aucoin Street.

Upon arrival, firefighters located the body of an elderly male at the home’s front door. The victim has been identified as the homeowner, 79-year-old Walter Garman.

After assessing the scene, investigators determined the fire originated in the kitchen and was likely caused by a grease fire on the stove. Smoke alarms were present and working at the time of the fire.

The SFM would like to remind Louisiana residents that unless a kitchen fire is small enough to be extinguished by placing a lid on the pot or pan on fire, or with a fire extinguisher, that the best practice is always to get out, stay out and call 911.

When newly hired Morgan City High School Principal Tim Hymel left the Morgan City school as a 1978 graduate, he never imagined he would return in the twilight of his education career as its principal.
Hymel wasn’t supposed to be in education at all.
“A bad economy is what drove me into education,” he said Thursday. “I worked at Morgan City Bank for three years as a loan officer from ’82-85, and then in ’85, the economy got so bad, I actually got a raise coming into teaching, making $12,000 a year.
“That’s how bad it was in the banking world, so I came, tried it out and ended up, this is my 35th year in education.”
Hymel, who was named principal in June, previously served as principal at Berwick Junior High before taking the last year off for personal reasons.
Hymel also serves on the Morgan City Council.
While the Morgan City principal position was something he always thought about, he said just being a principal was his dream job.
“I got my shot at Berwick Junior High, and I think we had a lot of success while I was there, and I enjoyed it,” Hymel said.
However, he said he needed a year off and just so happened, the timing worked out for this position.
“I was getting ready to retire, and if it wouldn’t have opened up, I probably would have retired,” Hymel said.
While academics are Hymel’s top priority, the former Nicholls State baseball player and Morgan City High baseball coach said athletics are right under that.
“I’m a person that believes in academics, but I also believe in athletics because being an ex-athlete, I know the benefits of teamwork and perseverance,” he said.
Hymel said sometimes athletics teaches things that can’t be taught in the classroom, while it’s also good for school discipline to have coaches as teachers.
“Plus, kids who are not academically motivated that want to play sports have to make the grades to play sports, so athletics offers so many things to kids that’s beneficial to the whole school,” he said.
Other goals Hymel has are to enhance vocational opportunities such as a machinist class and possibly a drone class.
“COVID is probably going to put some dampers on some of the things that we would want to implement, but we want to offer opportunities for every kid to find what their mission in life is, what they’re good at,” he said.
Hymel said that can be achieved through academics and athletics.
Hymel also said he would like to have a Drama Club and a digital media class that, along with serving as a yearbook class, would make videos to promote the school.
“Our school has so much to offer that I don’t think people really know about,” he said.
As for COVID 19’s impact on the school once classes resume in the fall, Hymel said students and teachers need to be ready for changes throughout and just to adapt.
“All I can tell you is the only thing that’s going to be consistent in this is change. … It’s going to change based on the stage of the virus,” he said.
Hymel said there has been potential talk of splitting the school population in half and having students attend on alternate days. Making hallways and stairwells one way also have been talked about.
As he begins his term as Morgan City principal, Hymel said he invites the community to come and see what Morgan City High has to offer.
“My door will always be open,” he said. “Anything we can do to help the community.”
Hymel said Morgan City is “a community school.
“We want to be part of the community and do everything in our power to be a part of the community and want the community to be involved with us,” he said.

The number of new unemployment claims reported nationwide last week were 79% below the peak of the COVID-19 shutdowns resulting from state executive orders, according to the latest jobs report released by the U.S. Bureau of Labor Statistics/
The personal finance website WalletHub analyzed the numbers to identify the states whose unemployment claims are recovering the fastest.
“New unemployment claims have been on an overall downward trend since May,” Adam McCann, financial writer at WalletHub, writes. These numbers demonstrate that “the process of beginning to reopen states has had a positive impact, and many workers who were temporarily laid off while their employers remained closed are now being rehired.”
“However, some states are temporarily pausing their reopening processes due to COVID-19 spikes,” he adds, “… which may slow down job growth.”
The analysis compared the 50 states and the District of Columbia across three metrics based on changes in unemployment claims.
The states that have most recovered since March, are New Jersey, Connecticut, Rhode Island, Oregon, South Dakota, Pennsylvania, Montana, Iowa, West Virginia and Vermont.
The least recovered states are Wyoming, Oklahoma, North Carolina, Alaska, Mississippi, Louisiana, Virginia, Florida, Georgia and Indiana, according to the WalletHub analysis.
The report states that the coronavirus has “wiped out all job gains since the Great Recession” and that blue states unemployment claims are recovering quicker than red states’ claims.
Michael Toma, Fuller E. Callaway Professor of Economics at Georgia Southern University, said that the unemployment number only tells part of the story.
The bureau's monthly report also includes labor underutilization, or slackness in the labor market, referred to as the U-6 unemployment rate. The unemployment rate reported on more widely is the U-3, which solely includes those who have filed for unemployment.
“This unemployment rate does not include persons defined as discouraged workers, those employed part-time because of economic reasons, or those said to be marginally attached workers,” Toma said. “Discouraged workers are those who have given up searching for a job and therefore are not counted as officially unemployed. Part-time workers are counted as employed, but there is slackness in the labor market if some part-time workers prefer to be full-time workers but cannot find full-time jobs. Lastly, marginally attached workers are those who are not currently working or looking for a job but searched for a job sometime during the last twelve months.”
The U-6 unemployment rate includes those counted as unemployed in the U-3 rate, and also includes the three other categories. In April, Toma notes, the U-3 unemployment in the U.S. was 14%; the U-6 unemployment rate was 22.4%.