The Economic Consequences of Divorce

I can’t think of anything super insightful to say about this, but the Pew Economic Mobility Project has a new fact sheet out that includes the chart below. In the early 70s, most women who got divorces suffered a large income drop while very few divorced men did. Today, the numbers are about equal. Likewise, the number of divorced women whose income increases substantially following a divorce has nearly doubled. The basic reason for this is pretty obvious, and the data itself isn’t new, but it’s still kind of interesting to see the raw numbers.