The Marriage Gap Presents a Real Cost
If current trends hold, within a few years, less than half the U.S. adult population will be married. This precipitous decline isn’t just a social problem. It’s also an economic problem.
Specifically, it’s an income-inequality and economic-mobility problem. The steadily dropping marriage rate both contributes to income inequality and further entrenches it.
A different arm of Pew, its Economic Mobility Project, found that among children who started in the bottom third of income, only one-fourth of those with divorced parents moved up to the middle or top third as adults. By comparison, half of children with continuously married parents — and, somewhat surprisingly, 42 percent of those born to unmarried mothers — moved up the income ladder as adults.
Read the full article at washingtonpost.com.
- Economic Mobility Project