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 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 dramatic […]
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.
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.
The Return of the Multi-Generational Family Household
The multi-generational American family household is staging a comeback — driven in part by the job losses and home foreclosures of recent years, but more so by demographic changes that have been gathering steam for decades.
Millennials: Confident. Connected. Open to Change
A new national survey focuses on American teens and twenty-somethings who are making the passage into adulthood at the start of a new millennium. These young people have begun to forge their generational personality: confident, self-expressive, liberal, upbeat and open to change.
Forty Years After Woodstock, A Gentler Generation Gap
They have different values, beliefs and lifestyles, but young and old today are disagreeing without being disagreeable. Both also share a fondness for Woodstock-era rock and roll.
Different Age Groups, Different Recessions
Older adults are less likely than younger and middle-aged adults to say that in the past year they have cut back on spending; suffered losses in their retirement accounts; or experienced trouble paying for housing or medical care.