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Does Unemployment Increase the Risk of Divorce?
It is common that financial issues have an effect on marriage and, consequently, there is a connection between divorce and the economy. While the recession has been improving, unemployment is still an issue, and according to a study by Ohio State University examining the correlation between employment status and marital satisfaction, unemployment is a factor in marriage and divorce.
According to an article in The Huffington Post, the study revealed that when men were unemployed, it increased the risk that either the man or his wife would end the marriage. The study, along with the information gathered at Divorced Guys, determined that there are three main reasons why lay-offs tend to lead to divorce:
Divorce Rates Increase as the U.S. Economy Recovers
ABC News reports that divorce attorneys across the United States have seen an increase in the number of couples who are seeking to finalize their divorce after months of indecision during the economic recession.
According to the vice president of the American Academy of Matrimonial Lawyers (AAML), John Slowiaczek, the increase is due primarily to finances. He notes that many law firms are seeing an increase in the number of clients they have as the country recovers from the recession. Specifically, his law office in Nebraska saw an increase of 25 percent from January through April of this year when compared to the same period in 2010. Linda Lea Viken, president of the AAML, says that the recession made it difficult for couples to divorce on both emotional and financial levels. She notes that many couples may have assets that have decreased in value, or may be facing foreclosure on their home, both of which make it very risky for divorce. Some couples may have also had fears about the burden of being entirely responsible for their own bills after the divorce.
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