Those things you’ve mentioned are obviously factors, but I also think that my generation (I’m 57) has had a greater degree of instability in many way - mostly self-inflicted. Broken marriages account for a lot of it. We made foolish choices, either in the ones we married or in getting divorced later. I know I have had untold thousands go out in not only child support, but also in providing additional help to my 2 ex-wives over the years. Many of us are maintaining multiple households and money is being eaten up rapidly. Our parents generation worked through things, remained stable and reaped the benefit of that. Too many of us have failed to do that. This whole phenomenon is almost an economic manifestation of the “cultural shift” which began 40 some years ago. Not all of my generation fell for it, but far too many of us did and we’re suffering for it. The hard part is watching our kids suffer for it, though.
“Broken marriages account for a lot of it”
You hit the nail right on the head! I keep looking around at the people who are divorced, and one or the other is usually in dire circumstances, even though they have jobs. Everyone suffers; the children, the adults, and even the grandparents!