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“The pace of marriage formation varies by race”

Race matters

Suggested market study questions for jewelry retailers

What is the racial distribution of the population in my market?

Exhibit 1-8: Different races move into marriage at different rates

Different races move into marriage at different rates


Reasons

85 percent of people marry someone from their own race

 

Blacks transition the weakest into marriage

- education levels are weakest among blacks

- employment levels are weakest among blacks

- the pool of eligible bachelors is weakest among blacks

 

Whites transition the strongest into marriage

- education levels strongest among whites

- employment levels strongest among whites

- however, there is a growing trend of white women becoming more educated than their male counterparts, likely reducing the pool of eligible bachelors

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