"I don't": More millenials delaying or avoiding marriage

"I don't": More millenials delaying or avoiding marriage

The Decline of Marriage Among Millennials

Reasons Behind the Decrease in Marriage Rates

  • New research indicates that marriage rates among young adults are at their lowest in a century, with Millennials becoming the largest demographic group.
  • A combination of social and economic factors contributes to Millennials' decision to delay or avoid marriage. The generation is less religious, leading to changing perceptions about cohabitation and independent living.
  • Economic challenges play a significant role; many Millennials face stagnant wages and substantial student debt, which affects their financial stability and readiness for marriage.
  • There is a shift in how marriage is perceived—it's now seen as something to pursue after achieving financial stability rather than a step towards it. The costs associated with weddings also deter many from marrying.

Impact on Family Planning

  • Millennials are delaying childbearing alongside marriage, often choosing to cohabitate first. They may consider marriage when they feel ready for children.

Geographic Influences on Marriage Trends

  • Geography significantly impacts marriage rates; urban areas like New York show lower likelihoods of marriage compared to cities like Denver. This trend reflects broader societal attitudes toward family planning in different regions.
Video description

New research shows more young adults are putting off or abandoning plans to get hitched. Some experts estimate the current marriage rate is at its lowest in a century. Bryce Covert, economic policy editor at ThinkProgress, joins “CBS This Morning” to discuss the decline.