Sorry, guys, women are not saying “I do” because you’re not making enough dough. It’s even worse for African-Americans.
According to a new study by Cornell University professors cited by the National Council on Family Relation’s Journal of Marriage and Family, one reason marriage rates are down nationwide is because perspective husbands can’t provide enough financial security.
“One explanation for the declines in marriage is the putative shortage of economically attractive partners for unmarried women to marry,” according to the study conducted between 2012 and 2017.
The researchers compared the incomes of “potential" male spouses with those of men who married women of a similar demographic and found that guys who had not tied the knot earned 58% less than those who took a bride.
The news is even tougher for black men and women hoping to find a spouse, according to the study’s findings.
“Racial and ethnic minorities, especially black women, face serious shortages of potential marital partners,” researchers found.
In 1960, 72% of adults in the U.S. were married, according to Pew Research. While more adult couples are reportedly living together now, only 50% are married. That research indicated 54% of white adults were married, as opposed to black adults, who married at a rate of 30%. Asians were the group most likely to marry, with 61% of adults walking down the aisle.
According to the study published by the Journal of Marriage and Family last week, the nation’s lack of weddings is a matter of green.
“This study reveals large deficits in the supply of potential male spouses," the study said. "One implication is that the unmarried may remain unmarried or marry less well-suited partners.”