Divorce rates expected to rise during economic recovery

An increase in the rate of divorce in Wisconsin and across the United States may be directly related to a rebound in the economy, according to recent statistical studies and family law attorneys who are now seeing more couples choose to end marriages. During the recession, the overall number of divorces dropped dramatically nationwide. Now that financial conditions have begun improving and stabilizing, more married partners are calling it quits.

The American Academy of Matrimonial Lawyers (AAML) says America, with the world’s highest rate-of-divorce, saw far fewer legal split-ups during the recession years. In 2008, divorces dropped 24 percent. In 2009, divorces were down 57 percent. This is not an unusual pattern, according to the AAML, which said bad economic times traditionally make couples less certain about major changes.

The recession has affected the rate of marriage as well as the rate of divorce. Fewer recession-affected couples choose to marry, have children and break up. A Pew Research poll, taken at the tail end of 2009, found that couples, younger than 35 years of age, decided to wait for better times to get married. Some 15 percent opted to stay engaged a little longer rather than wed and 14 percent held off adding a new child to their families. In addition, many couples who wished to end a marriage decided to stick it out a little longer for financial reasons.

Many couples, who thought about breaking up during the financial downturn, hesitated to separate because of worries over how the economic crisis would affect the division of marital assets. The costs associated with divorcing, including finding separate residences, and falling property values, caused a reluctance to split up.

Source: AFP, “Rising US divorce rate signals economic recovery,” Virginie Montet, 4/29/2011