Celebrating Women’s Equality Day

24 August 2023

In the United States, Women’s Equality Day is observed on August 26th every year to honor the ratification of the 19th Amendment to the U.S. Constitution in 1920. This amendment granted women the right to vote, making it a significant milestone in the fight for women’s rights. The day is a reminder of the ongoing battle for gender equality and its historical significance.

Commemorating wins on Women’s Equality Day

While Women’s Equality Day commemorates the long and difficult struggle for women’s suffrage, it’s also a moment to acknowledge the strides made toward gender equality societally. Notable progress has been made since the beginning of the 1900s, with women gaining access to education, jobs, and leadership roles that were previously off-limits.

Some key gains and advancements are:

Political Participation: Over the years, women have become active participants in elections, politics, and government at various levels. Throughout history, numerous women have emerged as powerful leaders, taking their rightful place in public office. They have shattered glass ceilings in Congress, state legislatures, and local governments, making their voices heard and paving the way for future generations of women in politics. In 2020, the U.S. elected Kamala Harris, the first female vice president, highest-ranking female official in U.S. history, and first African-American and first Asian-American vice president. 

Education: Access to education for women has significantly increased since the early 1900s. Nowadays, women have equal opportunities to pursue education at all levels, and statistics even indicate that women outnumber men in college completion. Please refer to the chart below for further details.


Workforce Participation: Over the years, the number of women in the workforce has increased significantly. As per the US Department of Labor, in 1920, women accounted for only 20% of the total labor force, but by 2021, their participation had risen to 47% in the US.  The number of women in traditionally male-dominated professions, such as medicine, law, engineering, and business, has increased significantly.


Gender Equality: There’s still much to accomplish

Gender Pay Gap: The gender pay gap persists in many countries and industries, where women earn less than men for the same work. Closing this gap requires addressing wage discrimination, promoting transparency, and implementing fair compensation practices.

Gender Gap in Education: Moreover, while progress has been made in narrowing the gender gap in education, women are still underrepresented in certain fields, particularly in science, technology, engineering, and mathematics (STEM). Encouraging girls’ interest and participation in STEM early on is important for achieving gender parity in these sectors.

Underrepresentation of Females in Leadership: Another ongoing challenge is that women remain underrepresented in leadership positions in politics, corporate boards, academia, or other fields. Efforts to increase women’s representation in decision-making roles are crucial for achieving gender equality at all levels of society.

Work/Life Imbalance: Ongoing impediments to equality include balancing work and caregiving responsibilities which disproportionately fall on women, leading to challenges in career advancement. Implementing policies such as paid family leave, affordable childcare, and flexible work arrangements can help address this issue.

Healthcare and Reproductive Rights: Access to quality healthcare, including reproductive healthcare and family planning, remains a significant issue. The U.S. Supreme Court ruling in Dobbs v. Jackson Women’s Health on June 24, 2022, took away the constitutional right to abortion. The ruling discarded nearly 50 years of precedent and marked the first time in history that the Supreme Court has taken away a fundamental right.  Ensuring that women have control over their reproductive choices and receive comprehensive healthcare is crucial for their overall well-being. More significantly, empowering women with reproductive choice enables them to make informed decisions about when and whether to have children, thus allowing them to pursue education, career opportunities, and personal goals on their own terms and promoting gender equality.

The Importance of Awareness

Awareness of gender inequality is vital in achieving gender equality as it provides the basis for transformation. Gender stereotypes, biases, and cultural norms sustain traditional gender roles and expectations. Overcoming these norms and promoting gender-neutral attitudes are crucial for genuine equality. 

Furthermore, gender inequality is a worldwide societal problem, and women face diverse challenges in different parts of the world. Recognizing and tackling the particular challenges faced by women of different races, ethnicities, sexual orientations, abilities, and socioeconomic backgrounds is essential. Global endeavors are necessary to address concerns such as access to education, healthcare, economic opportunities, and legal rights for women in all areas.

Hanzo values diversity, equity, and inclusion in the workplace because we foundationally believe we’re a better-performing company for our stakeholders: our employees, clients, and investors by making sure a variety of voices are present, heard, and included. We celebrate Women’s Equality Day to help bring attention to these societal issues, keep the dialogue going, and encourage continuous efforts toward positive change and inclusivity.