“Growing up with both parents (in an intact family) is strongly associated with more education, work, and income among today’s young men and women,” says a new report on U.S. wage stagnation.
For decades, policymakers and pundits have said that Americans’ wages have slowed or even stagnated. However, according to a new report from the conservative American Enterprise Institute (AEI), married heads of households have done much better than their unmarried counterparts.
Family structure is one of the most important factors in whether a person will be educated, wealthy, and married, AEI found.
Looking at 33 years of economic data, the report notes that married heads of households saw their incomes increase from approximately $63,000 per year in 1979 to $85,000 per year by 2012.
Conversely, unmarried heads of households saw their incomes rise from $28,000 per year in 1979 to just $32,000 in 2012.