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In This Issue
Did you know . . .
2012 Workforce Trends
Why Mobile Ready Websites are Best
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Welcome!

This edition highlights workforce trends that could impact your business in 2012 . We also look at the importance of considering a mobile ready website.

Did you know . . .
The first U.S. income tax started during the Civil War to help raise money back in 1862.
2012 Workforce Trends

Women will make up the majority of the U.S. workforce sometime in 2012. Although much of the growth is attributed to the creation of many low-paying jobs, women are making big gains in many typically male-dominated lines of work. For example, women hold 52% of all managerial and professional jobs, compared with 26% in 1980. They comprise 60% of all accountants, 32% of physicians and 31.5% of lawyers.

 

The wage gap is shrinking as well. Working women now earn 77% of what men earn, vs. 60% in 1980. The difference is sure to continue to narrow. A key reason for the trend: More education. Over the past few years, women have earned 60% of all bachelor's and master's degrees awarded in the U.S. Moreover, 48% of medical school grads and 47% of law school grads are female. Men, meanwhile, are far likelier to leave school early and thus lag in job skills.

 

Similar trends are occurring in Vermont. Low-paying jobs including cashiers, salespersons, and waiters have the highest amount of job openings in the state. College enrollment rates indicate similar higher education trends as well. The gender breakdown at the University of Vermont is comprised of 57% female students.

 

The impact of women-run small business is significant upon the economy. Women-owned firms have been growing at twice the rate of businesses, currently owning 28% of privately-held U.S. organizations; these businesses contribute $2.8 trillion to the economy. Without these women-run businesses, an additional 16% of the labor market would be unemployed.

 

For more information about 2012 Vermont workforce trends, visit the Vermont Department of Human Resources.

 

Information used in this article was derived from the following sources:

Vermont Department of Labor

Woman's Support Network

National Women's Business Council

Why Mobile Ready Websites are Best

With more and more consumers using the Internet via their smart phones and tablets, your business should have an effective mobile website in 2012. A recent survey says that 57% of respondents will not recommend a company without a good mobile site. Most valued are simplified mobile sites designed to display easily on small screens. Regular websites that work well on desktops can be cumbersome on smart phones. So when building a mobile website, keep it simple:

  • Contact information
  • Business hours
  • Other information that busy mobile users can access quickly

One simple solution to making your website mobile-ready is to contract with a regional
web developer.  Working with local developers allows businesses to launch mobile-ready websites which appeal to specifict target markets. Most web developers also offer a free consultation and other resources to help businesses get started. Check out our mobile ready blog
 and see the difference for yourself. 

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This E-Newsletter is published by Davis & Hodgdon Associates CPAs as a service for clients,  business associates and friends.  Recipients should not act on the issues presented without seeking prior professional advice.  Additional guidance regarding information contained herein may be obtained by contacting Davis & Hodgdon Associates CPAs at (802) 878-1963. Internal Revenue Service Circular 230 Disclosure.  Pursuant to Internal Revenue Service Circular 230, we hereby inform you that the advice set forth herein with respect to U.S. federal tax issues was not intended or written by Davis & Hodgdon Associates CPAs to be used, and cannot be used, by you or any taxpayer, for the purpose of (i) avoiding any penalties that may be imposed on you or any other person under the Internal Revenue Code or (ii) promoting, marketing or recommending to another party any transaction or matter addressed herein.