While women should be celebrated all year, March is designated as Women's History Month (March 8 is International Women's Day). Around the world, various events such as conferences, exhibitions, concerts, speakers and festivals will help celebrate women’s ongoing contributions to our global community.
The need to recognize women’s significant impact is ongoing as women continue to fight for equality: in the United States, for example, gender and racial wage gaps still exist. At Lundeen Abrams Advisors, we are committed to giving women financial tools to be able to continue contributing to our communities in impactful, profound ways.
How Women’s History Month Started
The first National Woman’s Day was observed in the United States in 1909 in honor of the 1908 garment workers’ strike in New York, and the first International Women’s Day was marked in 1911 in a few European countries. In 1975 during International Women’s Year the United Nations started celebrating International Women’s Day on March 8th. It wasn’t until 1980 that President Carter issued the first Presidential Proclamation which established the week of March 8th as National Women’s History Week, and in 1987, Congress declared March as National Women’s History Month.
For the past 30 years the National Women’s History Project has honored a group of women from various fields who have had a significant impact on our society and beyond. Past honorees include U.S. Representative Shirley Chisholm, author Willa Cather, Coretta Scott King, Eleanor Roosevelt and Minnesota resident Sister Mary Madonna Ashton, CSJ who is a public health leader and a former Minnesota Commissioner of Health. This year, the organization’s theme is “Honoring Trailblazing Women in Labor and Business,” which recognizes that while women have always worked, their work has been undervalued and often unpaid.
This year’s 13 honorees include equal pay activist Lilly Ledbetter, labor organizer Lucy Gonzalez Parsons, CEO and Chairman of Pinnacle Group Nina Vaca and Norma Yaeger, who was the first woman stockbroker to be permitted on the floor of the New York Stock Exchange. These women join the ranks of generations of women who have made historically significant contributions to our society, though some stories often remain untold.
By marking Women's History Month, we can pay tribute to all the women of vision who have given their time, their expertise and their passion to important causes, often at a great personal expense. Some people may ask why we don’t have a men’s history month. Consider these two facts: first, women in the United States have had the right to vote for less than 100 years; and second, 59 countries around the world have had a female leader in the last 50 years, but the United States still has not.
International Women’s Day
March 8th, which is also known as the United Nations Day for Women’s Rights and International Peace, marks International Women’s Day. The roots of this annual holiday are in the labor movements at the turn of the twentieth century. Considering that the World Economic Forum predicts the gender wage gap won’t close until 2186, days and months that recognize women’s achievements continue to be necessary.
Women need to learn the stories of the generations of women who came before us, and we need to empower the next generation to believe in our equality. The United Nations continues to be an exemplar in promoting the importance of women as the equal participants with men in achieving worldwide peace, security, respect for human rights and sustainable development. In recognition of Women's History Month, there are a number of events and celebrations around the world.
This year’s theme of International Women’s Day is “Be Bold For Change,” with a focus on creating a more inclusive, gender-equal world. To learn more about International Women’s Day and to access resources about local events in Minneapolis, visit the International Women’s Day website, or check social media including Facebook, YouTube, Twitter and Instagram for the trending hashtag: #BeBoldForChange
We hope that, this year especially, women and men celebrate Women's History Month (March 8 is International Women's Day) and continue to recognize the profound ways women have shaped our society. At Lundeen Abrams Advisors, we celebrate women’s achievements year-round and are here to help you achieve your financial goals. Contact us today.