Since 2001, we've posted 21,224 different business opportunities and ideas, so you're sure to find something here to inspire you!
Divorce is Up With the Economy
The US divorce rate is seems to be a macabre indicator of the economic health of the country. The divorce rate that fell as the country slipped into recession is rising again, according to the Financial Times.
“There is huge pent-up demand,” said Marshal Willick, a Las Vegas matrimonial attorney, who has noted an upturn in his business.
During the recession, couples who were out of work or unable to sell their house stayed married to save money. The percentage of the population 15 years and older who counted themselves divorced dropped to 9.7 in 2009, from 9.9 three years earlier, according to the Census Bureau. More than half of the 1,600 attorneys who are members of the American Academy of Matrimonial Lawyers reported a downturn in their business in 2009, the most recent year for which survey data are available.
Now, those same lawyers are inundated with new clients.
Sad.
Related Businesses in the Directory
Related Posts
Related Resources
Nan on April 25th, 2011 7:42 pm
I’ve seen the FT and other Wall Street rags come out with some pretty sick statistics over the last few years, but this has to be the topper. Telling people that “the economy is getting better so it’s time to think about that divorce” is just disgusting.
All for the sake of making people think that the “recession” is over. Their addled minds seem to have forgotten that just a few short weeks ago, that US homebuilders announced that new sales were at the worst levels since WWII. Add on top of that, that resales continue to drop and this whole arguement that people were just waiting for the market to pick up is a bunch of nonsense.
Is 9.9 to 9.7 really such a significant dent in the divorce numbers? Seems to me that the way statistics are measured these days, that’s nothing more than a rounding error.
This smacks of nothing more than some writer with nothing of real substance to write about looking for a number to fit to a story that his bosses had already told him to write – i.e “recession over” nonsense.
Leave a Reply