While public perception is that half of all American marriages end in divorce, that statistic is actually much lower. The divorce rate in the U.S. peaked in 1980 at 40% and has been dropping since. Millennials are driving that decrease, while older gen-Xers and baby boomers are divorcing at rates twice that of the '90s. The reasons for divorce are complicated and vary across demographics and age. But one factor shows a strong predictor for long-term marital success: occupation.
Studies have shown that people with stable, higher-paying jobs tend to experience lower divorce rates than those who don’t earn as much money. Less than one-third of married people in the middle and upper classes filed for divorce, while more than one-third of those in the working class had sought divorces. The IFS also sourced information from a Bloomberg report indicating 70% of people who consider themselves upper class enjoy lasting marriages compared with just 53% of those who describe themselves as lower class.