Marriage rates in the US plunge to the LOWEST on record with only 6.5 unions formed for every 1,000 people as couples opt to cohabitate and save money instead

The marriage rate in the United States has plunged to its lowest level in recorded history as couples decide to forgo officially tying the knot and opt to live together to avoid financial stress instead.

The US marriage rate fell six percent in 2018, according to government figures released Wednesday.

In 2018 there were 6.5 new unions formed for every 1,000 people, the lowest rate since the general government started to record data in 1867, according to the National Center for Health Statistics.

'Millennials are in peak marriage years, their 20s and 30s, and it’s still dropping,' Sally Curtin, the lead author of the report. 'This is historic.'

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