Early Benchmarks Show ‘Post-Millennials’ on Track to Be Most Diverse, Best-Educated Generation Yet
Today’s 6- to 21-year-olds are already America’s most racially and ethnically diverse generation – and more of them are heading to college than previous generations.
Comparing Millennials to Other Generations
Our interactive graphic compares the generations today and in the years that each generation was young (ages 18 to 33) to demonstrate this sea change in the activities and experiences of young adults that has occurred over the past 50 years.
For First Time in Modern Era, Living With Parents Edges Out Other Living Arrangements for 18- to 34-Year-Olds
For the first time since 1880, Americans ages 18 to 34 are more likely to be living with their parent(s) than in a household shared with a spouse or partner.
More Millennials Living With Family Despite Improved Job Market
Despite improvements in the labor market, Millennials today are less likely to be living independently of their families and establishing their own households than they were in the depths of the Great Recession.
In Post-Recession Era, Young Adults Drive Continuing Rise in Multi-Generational Living
The number of Americans living in multi-generational households, which spiked during the Great Recession, has risen to a record 57 million in 2012, including about one-in-four young adults ages 25-34.
Young Adults, Student Debt and Economic Well-Being
Student debt burdens are weighing on the economic fortunes of today’s young adults. Among the college-educated, those with outstanding student debt are lagging far behind those who are debt free in terms of household wealth.
Millennials in Adulthood
Racially diverse, economically stressed and politically liberal, Millennials are building their own networks through social media – rather than through political parties, organized religion or marriage. Half now call themselves political independents, the highest share of any generation.
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.
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.
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. […]