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Title: 52% of 18- to 29-year-olds live with their Parents, the Highest Percentage in 120 Years.
Source:
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URL Source: http://www.mybudget360.com/millenni ... centage-dating-back-120-years/
Published: Feb 5, 2021
Author: Horse
Post Date: 2021-02-05 22:02:29 by Horse
Keywords: None
Views: 141
Comments: 3
Younger Americans face a daunting jobs market. Covid-19 has crushed the employment market especially with entry level positions and internships which are typically used as platforms into full-time career opportunities. The Class of 2020 has graduated into the worst economy in modern history. While some sectors in the economy are hiring, these jobs are a small portion of the overall economy that needs to provide opportunities to millions of recent graduates and those without college degrees. So it comes as no surprise that a record number of young Americans are now living at home. In fact, in 120 years of record keeping, we are now at the highest percentage on record – 52% of those 18- to 29-years-old are now living with their parents. That is a stunning number and has implications for the next decade of our economic growth.
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