EverRespect
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A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
Quote:In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.
A record total of 21.6 million Millennials lived in their parents’ home in 2012, up from 18.5 million of their same aged counterparts in 2007. Of these, at least a third and perhaps as many as half are college students. (In the census data used for this analysis, college students who live in dormitories during the academic year are counted as living with their parents).
Younger Millennials (ages 18 to 24) are much more likely than older ones (ages 25 to 31) to be living with their parents—56% versus 16%. Since the onset of the 2007-2009 recession, both age groups have experienced a rise in this living arrangement.
The men of the Millennial generation are more likely than the women to be living with their parents—40% versus 32%—continuing a long-term gender gap in the share of young adults who do so.1
The steady rise in the share of young adults who live in their parents’ home appears to be driven by a combination of economic, educational and cultural factors. Among them:
* Declining employment. In 2012, 63% of 18- to 31-year-olds had jobs, down from the 70% of their same-aged counterparts who had jobs in 2007. In 2012, unemployed Millennials were much more likely than employed Millennials to be living with their parents (45% versus 29%).
* Rising college enrollment. In March 2012, 39% of 18- to 24-year-olds were enrolled in college, up from 35% in March 2007. Among 18 to 24 year olds, those enrolled in college were much more likely than those not in college to be living at home – 66% versus 50%.
* Declining marriage. In 2012 just 25% of Millennials were married, down from the 30% of 18- to 31-year-olds who were married in 2007. Today’s unmarried Millennials are much more likely than married Millennials to be living with their parents (47% versus 3%).
http://www.pewsocialtrends.org/2013/08/0...ents-home/
The unspoken tragedy of this economy.
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| 08-02-2013 10:11 AM |
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Smaug
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
The president is all over it.
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| 08-02-2013 10:13 AM |
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BeliefBlazer
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
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| 08-02-2013 10:16 AM |
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Ninerfan1
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
The new normal marches on.
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| 08-02-2013 10:21 AM |
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firmbizzle
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
What's the problem? Familiar surroundings, low cost of living, usually better food, family bonding, this is good for America.
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| 08-02-2013 10:21 AM |
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firmbizzle
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:21 AM)Ninerfan1 Wrote: (08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
The new normal marches on.
Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
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| 08-02-2013 10:23 AM |
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Smaug
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:21 AM)firmbizzle Wrote: What's the problem? Familiar surroundings, low cost of living, usually better food, family bonding, this is good for America.
I've got plans for my kids' rooms. Even got the paint picked out.
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| 08-02-2013 10:24 AM |
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Crebman
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:24 AM)Smaug Wrote: (08-02-2013 10:21 AM)firmbizzle Wrote: What's the problem? Familiar surroundings, low cost of living, usually better food, family bonding, this is good for America.
I've got plans for my kids' rooms. Even got the paint picked out.
What - your new "naked room"?
(This post was last modified: 08-02-2013 10:30 AM by Crebman.)
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| 08-02-2013 10:26 AM |
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moe24
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
I'd hope so. The only thing liberals hate as much as people who are self-sufficient is people who need help turning to their family and friends instead of sucking off the government tit.
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| 08-02-2013 10:29 AM |
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Ninerfan1
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:23 AM)firmbizzle Wrote: Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
The problem is why they are continuing to live with their parents. Lack of jobs.
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| 08-02-2013 10:31 AM |
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BleedsHuskieRed
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
The question is, are they doing this because they are employed full time and trying to save money to buy a house/pay for their wedding, or are they doing it because they are still serving at Applebees and have no choice. Sometimes I think it may have been a good idea to move home after college to save up some cash, but then I remember how much more fun it was to not live at home.
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| 08-02-2013 10:32 AM |
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EverRespect
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:21 AM)firmbizzle Wrote: What's the problem? Familiar surroundings, low cost of living, usually better food, family bonding, this is good for America.
No, it isn't. What would be good for America is if these people were able to grow up, get married, and have babies. It is neither good culturally nor psychologically to be a dependent adult.
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| 08-02-2013 10:35 AM |
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nomad2u2001
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:23 AM)firmbizzle Wrote: (08-02-2013 10:21 AM)Ninerfan1 Wrote: (08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
The new normal marches on.
Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
That's true. It wasn't common for them to move out at 18ish until after WWII. Even after that, young adults stayed home to work on the farm, contribute to the bills, etc. It all changed when the money their parents brought in and the money the kids brought in became sufficient enough to support striking out on their own.
But now times are different. Unlike some people, I don't want to revert to life circa 1950.
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| 08-02-2013 10:36 AM |
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DrTorch
Proved mach and GTS to be liars

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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:11 AM)EverRespect Wrote: Quote:In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.
A record total of 21.6 million Millennials lived in their parents’ home in 2012, up from 18.5 million of their same aged counterparts in 2007. Of these, at least a third and perhaps as many as half are college students. (In the census data used for this analysis, college students who live in dormitories during the academic year are counted as living with their parents).
Younger Millennials (ages 18 to 24) are much more likely than older ones (ages 25 to 31) to be living with their parents—56% versus 16%. Since the onset of the 2007-2009 recession, both age groups have experienced a rise in this living arrangement.
The men of the Millennial generation are more likely than the women to be living with their parents—40% versus 32%—continuing a long-term gender gap in the share of young adults who do so.1
The steady rise in the share of young adults who live in their parents’ home appears to be driven by a combination of economic, educational and cultural factors. Among them:
* Declining employment. In 2012, 63% of 18- to 31-year-olds had jobs, down from the 70% of their same-aged counterparts who had jobs in 2007. In 2012, unemployed Millennials were much more likely than employed Millennials to be living with their parents (45% versus 29%).
* Rising college enrollment. In March 2012, 39% of 18- to 24-year-olds were enrolled in college, up from 35% in March 2007. Among 18 to 24 year olds, those enrolled in college were much more likely than those not in college to be living at home – 66% versus 50%.
* Declining marriage. In 2012 just 25% of Millennials were married, down from the 30% of 18- to 31-year-olds who were married in 2007. Today’s unmarried Millennials are much more likely than married Millennials to be living with their parents (47% versus 3%).
http://www.pewsocialtrends.org/2013/08/0...ents-home/
See? Progressives are all about family values!
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| 08-02-2013 10:43 AM |
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firmbizzle
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:36 AM)nomad2u2001 Wrote: (08-02-2013 10:23 AM)firmbizzle Wrote: (08-02-2013 10:21 AM)Ninerfan1 Wrote: (08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
The new normal marches on.
Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
That's true. It wasn't common for them to move out at 18ish until after WWII. Even after that, young adults stayed home to work on the farm, contribute to the bills, etc. It all changed when the money their parents brought in and the money the kids brought in became sufficient enough to support striking out on their own.
But now times are different. Unlike some people, I don't want to revert to life circa 1950.
The family unit was stronger. Once kids were able to afford to live on their own, they wanted to stay single and not have any kids. This may be a blessing in disguise. Kids will have more disposable income and more nurturing environments. My office manager just moved back in with her mother at 39 and loves it. She has extra cash and less stress.
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| 08-02-2013 10:46 AM |
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firmbizzle
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:31 AM)Ninerfan1 Wrote: (08-02-2013 10:23 AM)firmbizzle Wrote: Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
The problem is why they are continuing to live with their parents. Lack of jobs.
They can find jobs, it's just they can't afford rent with those jobs. Once you take rent out of the equation, it doesn't cost much to live at all. Applebee's can pay the bills.
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| 08-02-2013 10:47 AM |
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DrTorch
Proved mach and GTS to be liars

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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 10:46 AM)firmbizzle Wrote: (08-02-2013 10:36 AM)nomad2u2001 Wrote: (08-02-2013 10:23 AM)firmbizzle Wrote: (08-02-2013 10:21 AM)Ninerfan1 Wrote: (08-02-2013 10:13 AM)Smaug Wrote: The president is all over it.
The new normal marches on.
Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
That's true. It wasn't common for them to move out at 18ish until after WWII. Even after that, young adults stayed home to work on the farm, contribute to the bills, etc. It all changed when the money their parents brought in and the money the kids brought in became sufficient enough to support striking out on their own.
But now times are different. Unlike some people, I don't want to revert to life circa 1950.
The family unit was stronger. Once kids were able to afford to live on their own, they wanted to stay single and not have any kids. This may be a blessing in disguise. Kids will have more disposable income and more nurturing environments. My office manager just moved back in with her mother at 39 and loves it. She has extra cash and less stress.
Ridiculous.
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| 08-02-2013 11:04 AM |
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firmbizzle
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RE: A Rising Share of Young Adults Live in Their Parents’ Home. A Record 21.6 Million
(08-02-2013 11:04 AM)DrTorch Wrote: (08-02-2013 10:46 AM)firmbizzle Wrote: (08-02-2013 10:36 AM)nomad2u2001 Wrote: (08-02-2013 10:23 AM)firmbizzle Wrote: (08-02-2013 10:21 AM)Ninerfan1 Wrote: The new normal marches on.
Some would say that the way it use to be wasn't normal at all. 50 years ago, this was very common. It encouraged people to get married so that they could get out of the house. This is normal in most countries.
That's true. It wasn't common for them to move out at 18ish until after WWII. Even after that, young adults stayed home to work on the farm, contribute to the bills, etc. It all changed when the money their parents brought in and the money the kids brought in became sufficient enough to support striking out on their own.
But now times are different. Unlike some people, I don't want to revert to life circa 1950.
The family unit was stronger. Once kids were able to afford to live on their own, they wanted to stay single and not have any kids. This may be a blessing in disguise. Kids will have more disposable income and more nurturing environments. My office manager just moved back in with her mother at 39 and loves it. She has extra cash and less stress.
Ridiculous.
You're wrong.
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| 08-02-2013 11:26 AM |
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