In his article, Ben Steverman discusses a recent study out of Harvard University which finds that a big factor in divorce may be the husband’s employment status; specifically, one-third of marriages are more likely to break up if the husband does not have full time employment. Steverman begins,
A Harvard University study suggests that neither financial strains nor women’s increased ability to get out of an unhappy marriage, starting in the 1970s, is typically the main reason for a split.
The big factor, Harvard sociology professor Alexandra Killewald found, is the husband’s employment status. For the past four decades, she discovered, husbands who aren’t employed full time have a 3.3 percent chance of getting divorced in any given year, compared with 2.5 percent for husbands employed full time. In other words, their marriages are one-third more likely to break up.
Examining 46 years of data on more than 6,300 married couples in the U.S., Killewald found a big shift in the risk of divorce in the mid-1970s. Couples married before 1975 were likelier to split up if women and men divided the housework equally, perhaps because the husband saw a threat to his traditional role in the household. Since 1975, housework hasn’t been much of a factor. The guy’s job has.
Continue reading the full story here: Don’t Blame Divorce on Money. Ask: Did the Husband Have a Job?
Posted by Allison Trupp, Associate Editor, Wealth Strategies Journal