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1980s: In 1981 the divorce rate peaks at 5.3 divorces for every 1000 people, before falling off slightly in the next few years.
Today: While the divorce rate drops slightly, it is still generally believed that one out of every two marriages ends in divorce. Cohabitation is a growing trend. The marriage rate continues to drop throughout the 1990s.
1980s: Home mortgages reach double digits, slowing the housing market and making it very difficult for first time home owners to buy a house.
Today: Home mortgages decline to post-World War II record low rates. Financing a house is relatively easy.
1980s: Unemployment peaks at 10.8 percent in 1982, the highest since the Great Depression of the 1930s. Inflation remains high, but businesses are making a slow recovery.
Today: The last half of the decade sees low unemployment rates, low inflation, and a booming economy. In some sectors, notably technology...
This section contains 205 words (approx. 1 page at 400 words per page) |
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