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Knot yet: The decline in marriage rates in America

Knot yet: The decline in marriage rates in America

Knot yet

The latest data from Pew Research out this week reveals that an astonishing 25% of 40 year olds in the US have never been married, marking a record high share. In 2010, the corresponding figure was 20%, and if we go back to 1980, just 6% of 40 year olds had yet to tie the knot.

The data fits with the longer term trend in marriage — people have been getting married at a lower rate and generally later in their lives. Indeed, the typical age for men to say "I do" was just over 30, while women typically married a few months after their 28th birthday, according to the US Census Bureau. Both these ages have increased by around 5 years since the turn of the century. In 2000 the median age for men and women to get married was 26.8 and 25.1, respectively, and if you go back to the 1950s, women were typically getting married just after they turned 20.

Emerging adult

Exploring why marriage is increasingly put off is a complicated social question, but access to higher education has certainly played its part. With more people studying, the percentage of 21 year olds with full-time jobs has dwindled from 64% in 1980 to 39% in 2021, according to Pew Research.

Another explanation is that a new life stage "emerging adulthood" — when individuals are studying, leaving home for the first time, exploring their identity, travelling or just embarking on their careers — has gotten longer.

Shifting cultural norms around living with partners, increased economic independence for women, changing work patterns, a rise in the number of people who consider themselves "religiously unaffiliated" and an increase in the number of people living alone have also all contributed to the trend.

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Starbucks sells control of China business for $4 billion

Starbucks disclosed on Monday evening in a regulatory filing that it will sell control of its ailing China business to Boyu Capital for about $4 billion.

Under the agreement, Boyu will own a 60% stake in the China segment, which will become a joint venture between Boyu and Starbucks. The coffee chain will retain a 40% interest in the entity and will continue to own and license the brand and intellectual property.

Bloomberg reported earlier this year that the company was looking to sell its China segment. The American coffee giant has struggled to succeed in China, its second-largest market after the US.

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John Wayne Airport in Orange County tops the list of North America’s favorite airports

Despite a record year of passenger numbers, flight cancellations, and delays, a new survey has revealed that flyers have been increasingly satisfied about their experiences in North American airports. 

According to this year’s North America Airport Satisfaction Study from data analysts at J.D. Power, overall passenger satisfaction scores were up 10 points (on a 1,000-point scale), largely from “improvements in food, beverage and retail and ease of travel through the airport.” The annual survey measures overall traveler satisfaction across the region’s airports in seven categories (in order of importance): ease of travel, level of trust, terminal facilities, airport staff, airport departure experience, food and retail, and airport arrival experience.

Here are the regions favorites:

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