Capital Region has large number of women-owned non-employer firms
The Capital Region has Upstate New York's second greatest number of women who wholly and equally own businesses with no employees, also known as non-employer firms.
The Capital Region has Upstate New York’s second-greatest number of women who wholly and equally own businesses with no employees, also known as non-employer firms. That’s according to a new analysis by the Center for Economic Growth.
The Census Bureau recently released first time data that details at the county level the characteristics of non-employer owners.
Non-employers are gig workers, freelancers, independent contractors and other enterprises with no paid employees, but at least $1,000 in annual receipts that are subject to federal income tax.
The eight county Capital Region had 32,000 female-owned non-employer firms in 2021. Only the Hudson Valley region had more.