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.
More Young Adults Live with Their Parents
A record number of Millennials—young adults ages 18 to 31—were living in their parents’ home in 2012 due to a combination of economic, educational and cultural factors, according to a new Pew Research Center report. The report, which used U.S. Census Bureau data, said the 36% share of young adults living in their parents’ home represents […]
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 […]
The Big Generation Gap at the Polls Is Echoed in Attitudes on Budget Tradeoffs
The record generation gap that played out at the voting booth in the last two presidential elections is echoed by large differences by age in attitudes about the tradeoff between reducing the federal deficit and preserving entitlements for older adults, according to a new nationwide Pew Research Center survey. Older adults by a lopsided […]
Record Shares of Young Adults Have Finished Both High School and College
Record shares of young adults are completing high school, going to college and finishing college, according to a Pew Research Center analysis of newly available census data. In 2012, for the first time ever, one-third of the nation’s 25- to 29-year-olds have completed at least a bachelor’s degree. These across-the-board increases have occurred despite […]
The Boomerang Generation
If there’s supposed to be a stigma attached to living with mom and dad through one’s late twenties or early thirties, today’s “boomerang generation” didn’t get that memo.
Young, Underemployed and Optimistic
Young adults hit hard by the recession. A plurality of the public believes young adults, rather than middle-aged or older adults, are having the toughest time in today’s economy.
The Generation Gap and the 2012 Election
In the last four national elections, generational differences have mattered more than they have in decades. According to the exit polls, younger people have voted substantially more Democratic than other age groups in each election since 2004, while older voters have cast more ballots for Republican candidates in each election since 2006.
For Millennials, Parenthood Trumps Marriage
Today’s 18 to 29 year olds – members of the so-called Millennial Generation – see parenthood and marriage differently than today’s thirty-somethings (members of Generation X) did back when they were in their late teens and twenties, according to a new analysis of Pew Research Center survey findings. Unlike their older counterparts, Millennials value parenthood much more than marriage.