Saturday, March 1, 2014

Divorces on Rise with Economy

From Bloomberg:

The number of Americans getting divorced rose for the third year in a row to about 2.4 million in 2012, after plunging in the 18-month recession ended June 2009, according to U.S. Census Bureau data. Whatever the social and emotional impact, the broad economic effects of the increase are clear: It is contributing to the formation of new households, boosting demand for housing, appliances and furnishings and spurring the economy. Divorces are also prompting more women to enter the labor force.

Read more here.

MR

http://lawprofessors.typepad.com/family_law/2014/03/divorces-on-rise-with-economy.html

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