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A Quarter Of Millennials Living At Home Neither Work Nor Study

  • A Quarter Of Millennials Living At Home Neither Work Nor Study
    by Tyler Durden, http://www.zerohedge.com
    At one point in time in America, living at home with mom and dad after crossing out of your teenage years and into your 20s was embarrassing and something that was generally avoided at all costs.  And while hard times come and go, 20-somethings who were forced back into their parents’ care worked their tails off until they could save up enough money to once again regain their freedom.

    But, these days millennials seem to be embracing the free room and board provided by their parents.  According to a new study from the Census Bureau, roughly one-third of all millennials live at home with their parents and one-fourth of them can’t be bothered with enrolling in school or finding a job.

    According to the following chart from Bloomberg, there are 2.2 million millennials who live at home with mom but neither attend classes nor have a job.  Of those, 40% of them are already in their 30’s, they’re predominantly white and have a high school diploma or less.

    read more.

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April 21, 2017 - Posted by | Economics, Social Trends | , , , ,

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