Census Data Shows Marriage Advancing Women’s Economic Mobility

Marriage has been identified as a key factor behind women’s economic success, states a study conducted by the U.S. Census Bureau. The study examined intergenerational family income mobility to conclude that marriage acted as a driving force in women’s economic achievement beyond their parents. President Joe Biden’s mortgage adjustment plan also indicates that women’s upward mobility is highly influenced by marriage even when their income and socioeconomic background is similar. Terry Schilling, the American Principles Project President, asserts that marriage and family have always been significant drivers of economic growth. A loyal partner who offers support and strengthens their spouse can lead to better work focus.

The study highlights substantial racial disparities in marriage rates, revealing that white women are 75% more likely to marry than black women from a similar socioeconomic background. Women from middle-income households are more likely to be married, with 70% of them being married compared to just 34% of black women from the same income bracket. Nevertheless, irrespective of childhood household income, white women were more likely to have more economic stability. An explanation for high marriage rates among women of all racial and ethnic groups is “marriage market dynamics,” accounting for 85% of the gap in family income changes between generations.

The study notes that white women’s personal income did not significantly increase their upward mobility potential. In contrast, when women from disadvantaged racial and ethnic groups marry partners with similar income to white women, their chances of promotion increase. Schilling emphasizes the economic and cultural benefits of marriage, children, and family. Hence, strong incentives, including taxation, should encourage unity among people. He believes that strong families play a crucial role in shaping the future American citizens, workers, and entrepreneurs, resulting in increased demand for the economy, and ultimately, creativity and innovation.

Leave a Reply