On Pay Gap, Millennial Women Near Parity – For Now
A new cohort of young women—members of the so-called Millennial generation—has been entering the workforce for the past decade. At the starting line of their careers, they are better educated than their mothers and grandmothers had been—or than their young male counterparts are now. But when they look ahead, they see roadblocks to their success.
Millennials: Only a Third Head Their Own Households
This refers to a post on FactTank about census data indicating that the rate of household formation among young adults (ages 18 to 32) is not growing, as of March 2013.
At Grandmother’s House We Stay
In 2011, 7.7 million children in the U.S.–one-in-ten—were living with a grandparent, and approximately 3 million of these children were also being cared for primarily by that grandparent.1 Both of these numbers rose rapidly after the onset of the recession in 2007 and have stabilized since 2009, when the recession officially ended, according to a […]
Grandparents and Child Care
This posting links to a September 2013 Pew Research Center report on children living with, and being cared for, by their grandparents.
A Rising Share of Young Adults Live in Their Parents’ Home
In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.
Birth Rate Trends Differ Notably by Age Group
This is an excerpt from a FactTank posting about new data from the National Center for Health Statistics about birth rates in 2011. Rates for younger women fell to record lows, but rates continued to rise for women ages 40 and older.
Young Adults After the Recession: Fewer Homes, Fewer Cars, Less Debt
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]
The Sandwich Generation
With an aging population and a generation of young adults struggling to achieve financial independence, the burdens and responsibilities of middle-aged Americans are increasing. Nearly half (47%) of adults in their 40s and 50s have a parent age 65 or older and are either raising a young child or financially supporting a grown child (age […]