Thursday, March 08, 2007

Breakdown

"Over the past 35 years, the massive changes in the U.S. economy have largely condemned American workers to lives of economic insecurity. No longer can the worker count on a steady job for a single employer who provides a paycheck and health and retirement benefits, too. Over the past three decades, workers' individual annual income fluctuations have consistently increased, while their aggregate income has stagnated. In the brave new economy of outsourced jobs and short-term gigs and on-again, off-again health coverage, American workers cannot rationally plan their economic futures. And with each passing year, as their level of economic security declines, so does their entry into marriage."

Harold Meyerson in The American Prospect connects economic instability to declining marriage rates.

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