In a most recent article "Life, delayed: Couples putting off marriage due to economy" published in Salt Lake City Deseret Newspaper, it revealed a survey which cited 84 percent of young people (age 18-24) putting off a major life change or purchase they had planned, due to economical reasons. Of those, more than half has decided to postpone marriages and children.
Births in the US have been falling since 2008, reaching a 12-year low last year, according to Bloomberg News. It is also the smallest population gain since World War II.
Less and less young adults get married. The share of young adults (18-29) who were married fell from 59% to 20% between 1960 and 2010.
Deseret News continued to report on how families formed later usually have fewer children. And this vicious cycle will then affect the number of workers that will be available to financially support or aid an aging population.
Japan has 23% of its population at 65 years and older. That means approximately 1 out of 4 persons in Japan are elderly. The age effect has already taken economic toll as the Japanese retirement age gets pushed back further and further, trying to maintain the worker-to-retiree ratio.
The family unit is commonly said to be the building block of a society. How would it affect the competiveness of America in a fast changing global marketplace if the US family units are defeated through decline of marriages and new births, high divorce rates etc? How would we create the platform for young Americans to keep up their drive and innovations without them being drowned by college loans and facing high unemployment?
"Getting married has nothing to do with finances," said Hellen Chen, bestselling author, relationship expert and matchmaker extraordinaire, who has been helping men and women to get married, even more so in the last four years of global economic slowdown.
|Hellen Chen: Matchmaker of the Century|
Chen said, "There is this idea that career and financial stability should come before marriage. But what I have seen is that after the young couple get married, they settle down and fight the hardships of life with renewed energy. In fact they are now stronger because they are two persons, not one. Finances improve from positive energy, not from worries and fears."
To help more people to succeed in their marriages and to debunk common marriage myths, Chen wrote the book "The Matchmaker of the Century" where she talks about how establishment of a family first as a life priority improves careers and a person's esprit, unlike the common advice of postponing marriage.
Chen launched her book 'The Matchmaker of the Century' on Barnes and Noble and striking a chord with readers, it subsequently became a bestselling Marriage and Relationship book.
"If you want to help young people to succeed, and in turn ensure America's position as as a leader in the global market, advocate good marriage education and put marriage as a priority in people's lives again." said Chen.
More information about the book and Chen's marital concepts can be found on at the site: www.MatchmakerOfTheCentury.com
Ms Yin Chew