Young people can’t find jobs. Can’t live on their own. Are not getting married.
No job = No marriage.
Today's young adults are on track have the lowest rates of marriage by age 40 compared to any previous generation.
more than 30% of Millennial women will remain unmarried by age 40, nearly twice the share of their Gen X counterparts
that could have serious economic repercussions for both the Millennials and the nation as a whole.
marriage used to be the starting point for young adults. They got hitched early and built a life together, Howe said. Now, many people feel they have to be more established, especially financially, before they walk down the aisle.
Marriage rates fell even more drastically during the Great Recession, when young adults had a tough time landing their first jobs and other Americans found themselves collecting unemployment checks.
the explosion in singles has its downsides. Married couples are often better off financially, which means they can spend more.
"The evidence shows that getting married increases wealth and income,
Single Americans may be less likely to buy homes or trade up to accommodate growing families, while single parents may be more likely to qualify for government safety net programs.
And the growing schism in marriage rates could exacerbate income inequality in this country, dividing society into still mostly married "haves" and increasingly single "have nots."