A married couple promises to stick together for better or worse, for richer or poorer. According to a recent study, after hard economic times and the economy starts to rebound, so does the divorce rate.
In a recent story in the LA Times, divorces plunged when the recession struck and slowly started to rise as the recovery began, quoting a study to be published in Population Research and Policy Review.
"From 2009 to 2011, about 150,000 fewer divorces occurred than would otherwise have been expected, University of Maryland sociologist Philip N. Cohen estimated. Across the country, the divorce rate among married women dropped from 2.09% to 1.95% from 2008 to 2009, then crept back up to 1.98% in both 2010 and 2011. The National Marriage Project earlier dubbed the drop in divorce "a silver lining" to the Great Recession, arguing that tough times were pulling many husbands and wives closer together. But some couples may have simply put off divorce until they could afford to part, researchers say. The economic uptick may have finally given them the freedom to split."
Food for thought.