Tuesday, October 19, 2010

Shacking Up For Love? Um, More Like For Money.

Homes in foreclosure, record high unemployment rates, drop in consumer confidence- all signs of the current (and continual) economic recession. But according to this Life Inc. story, there's another, more unexpected one: a sharp rise in the number of unmarried couples living together.

The number of unmarried couples living together shot up by 13 percent between 2009 and 2010, and some of the decisions may not have been completely motivated by romance.

Maybe more folks needed someone to help pay the rent.

Rose Kreider, a researcher with the U.S. Census, crunched the numbers and found that the sharp increase in opposite-sex couples living together coincided with a big jump in unemployment among the unmarried couples.

Nearly 7.5 million couples were cohabitating in 2010, up from about 6.7 million in 2009.
The number of unmarried people living together has generally risen since the Census started tracking the data in 1996, but the gains have rarely been so great. In fact, there was a statistically insignificant 2 percent drop in cohabitating couples from 2008 to 2009. That followed a 5 percent gain from 2007 to 2008.

The recession of 2007-09 has taken its toll on unmarried couples. In 2008, 59 percent of cohabitating couples said both partners were employed, but that percentage fell to 52 percent in 2009 and 49 percent in 2010.

In addition, people who moved in together this year were more likely to include at least one jobless partner than couples who already were living together. Kreiser said just 39 percent of newly cohabitating couples were both employed, compared with 50 percent of couples that were already together.

Although the recession officially started in December 2007, Kreiser speculates that the big spike in couples moving in together began more recently because, as unemployment has dragged on, more people have exhausted savings, unemployment benefits and other ways to pay rent on their own."

To read the whole story, click here

What do you think the life-span of a boyfriend/girlfriend cum roommate will be? Seems like a pretty shaky way to transition to living together. "I got laid-off. Let's take this relationship to the next level and live together. Oh, and toss your couch because I'm bringing mine."


Don said...

I didn't read the article but the sentiments expressed coincide with my line of thought, at times, concerning couples living together trying to survive these tough economic times.

I admit that such crosses my mind everyday when dealing with my woman, although it's manifests itself within the shadows of my not being ready for marriage, at all.

I'd hate to lose out on her all together over saving a few extra dollars/no longer sweating excess amounts of bills.

A dilemma, I tell you the truth.

Alisha De Freitas said...

I just think it's a bad way to start off a big move together. Living together because really you need a roommate can turn very ugly... like if a couple splits and both people are on the lease. Yikes.

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