RRJ#4 New Economics of Marriage: The Rise of Wives

New Economics of Marriage: The Rise of Wives

Reference :

Fry,R and Cohn, D. ( , 2010, January 19). “ New Economics of Marriage: The Rise of Wives” Pew Researach Center http://pewresearch.org/pubs/1466/economics-marriage-rise-of-wives.

Summary:

The marriages company has been changed recently, the women have became more educated and richer than men . In 1970 the men’s amount of the education and salary was less than in 2007, according to a Pew Research Center analysis of demographic and economic trend data.
In the past the women didn’t work, so if they had gotten married they would be the winner from an economic side; unfortunately. In recent days they become different they were in the past.

In 2007 the average income of the three types of families, married men, married women and unmarried women was higher by 60% than in 1970,but there is a fourth group that has increased in their income by 16%.

The reason for that difference is that the natural structure of humans, in addition to the education factor affects the amount of the marriage people, but the gap increased since 1970 because more education makes the wages higher.

This report tries to explain that there is a first group who completed its education and their age is 30 - 44; they had gotten married and had gone to the work the women are more than men did.

The percentage of the uneducated men who had gotten married form women decreased from 28% in 1970to 20 in 2007.

The women are going to take the half part of the employers their amount of employee increase from 46.5% in 2007 to47.4.4% in 2009.

Education factor is one of the important factors plays a big role in income, the men are the bigger part which earn more money through the salary, they got 56% versus 44% for women who graduated from college. For unmarried adults at each level of education, however, men's household incomes fared worse than those of women.

Unmarried women in 2007 had higher household incomes than their 1970 counterparts at each level of education. But unmarried men without any post-secondary education lost ground because their real earnings decreased and they did not have a wife's wages to buffer that decline.

Unmarried men who did not complete high school or who had only a high school diploma had lower household incomes in 2007 than their 1970 counterparts did. Unmarried men with some college education had stagnant household incomes. But the unmarried women earned income in 2007 more than they did in 1970, Unmarried men who graduated with (15%), versus unmarried women who graduated (28%). In fact, household incomes of unmarried men with college degrees grew at half the rate of household incomes of married men with only a high school diploma -- 33% versus 15%.

Reaction:

The human resources is the most important resources in any economic system, and all of countries try to keep this resource, the reason for caring this resource because the Economic development start from them , by them and it ends with the human resource.

The ways to improve the human resource by training them or educate them, more they get educate, more they make the economy higher, more the earn income , more they spend money more make the economy in good employment . in the past the people used to work in muscular jobs, that required a strong body and Patient men, in this case the women couldn’t endure this kind of jobs, so it is normal to find that men were more than women earning income.

In these days the women become e more educated , so they have more opportunity to get a job than men, especially unmarried women. This explains why the income for unmarried men is less than unmarried women.
In terms of educate factor , many countries increased to care on the education system , especially , the high education . for example , Libyan government becomes aware that it has to improve the human recourse by sending them to the advanced countries to make them more educated .

In terms of the marriage, the educated families gets more income but they are less numbers of children, because they are too busy to take care for children or even to become parents.