How Divorce is good for economy?

How Divorce is good for economy?

Divorces are usually bad news. Split families, acrimonious settlements, impacted children – all these are consequences. But according to Jordan Weismann at The Atlantic, the rising levels of divorce make economists happy. “Economics tells us that when the labour market gets healthy, people become more likely to quit their jobs. They’re also more likely to quit their marriages. When the economy tanks, people tend to avoid… getting divorced. Lawyers cost money. Many couples want to sell off their house when they split, which is tough when the real estate market is a wreck. And when unemployment is high, it’s more difficult for stay-at-home wives to find jobs to support themselves in their new single lives,” he writes.
FOR MORE visit: THEATLANTIC.COM