« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

Re: For the first time in 130 years, more young Americans live with their parents 

By: Zimbler0 in POPE IV | Recommend this post (2)
Wed, 25 May 16 4:42 AM | 101 view(s)
Boardmark this board | POPES NEW and Improved Real Board
Msg. 07002 of 47202
(This msg. is a reply to 06967 by Decomposed)

Jump:
Jump to board:
Jump to msg. #

>>>
A stronger economy and a drop in the unemployment rate over the last five years have not led to more millennials leaving home because of a higher joblessness rate among young people
>>>


It amazes me . . .
That anybody can write or say something like the above,
without realizing the sheer stupidity of it.

Get real now. "Stronger Economy" . . and . . 'higher joblessness' . . .

Why is it that the media mavens just can't seem to make the
connection that 'higher joblessness' means we do NOT
have a stronger economy?

Zim.

P.S., De, if my Mom had a house like the one in the
picture . . . I'd be tempted to move back in with her.




Avatar

Mad Poet Strikes Again.




» You can also:
- - - - -
The above is a reply to the following message:
For the first time in 130 years, more young Americans live with their parents
By: Decomposed
in POPE IV
Tue, 24 May 16 7:57 PM
Msg. 06967 of 47202

I know this one 66 (nearly 67)-year-old whose son, well into his 40s, has been living with her for years. She really should give him the boot or tell him to live in his van, but I guess she would otherwise be by herself since he's the only man who's ever stood with her for very long. (Truth is, he tells me that she drives him nuts as well, but he puts on a good show since the house is in her name and he has nowhere else to turn.)

This sort of thing is more common than you might think. 

May 24, 2016

For the first time in 130 years, more young Americans live with their parents

Young adults are more likely to live in their childhood home than independently
Uploaded Image

By QUENTIN FOTTRELL, NEWS EDITOR
Marketwatch.com

Young adults in the U.S. appear to like the comforts of home.

For the first time in more than 130 years, American adults aged 18 to 34 were more likely to be living in their parents’ home than living with a spouse or partner in their own household, according to a new report released Tuesday by the Pew Research Center, a nonprofit, nonpartisan think tank in Washington, D.C.

“Broad demographic shifts in marital status, educational attainment and employment have transformed the way young adults in the U.S. are living,” the report found. (It was based on Census figures dating back to 1880.)

By 2014, 31.6% of young adults were living with a spouse or partner in their own household, marginally below the share living in the home of their parents (32.1%). Some 14% of young adults lived alone, were a single parent or lived with one or more roommates during the same period. The remaining 22% lived in the home of another family member (such as a grandparent, in-law or sibling), a non-relative, or in group quarters (including college dormitories). Young men are more likely to live with a parent than a spouse or partner.

Uploaded Image

“This turn of events is fueled primarily by the dramatic drop in the share of young Americans who are choosing to settle down romantically before age 35,” Pew senior economist Richard Fry wrote. “Dating back to 1880, the most common living arrangement among young adults has been living with a romantic partner, whether a spouse or a significant other.” In 1960, 62% of 18- to 34-year-olds were living with a spouse or partner in their own household — the highest on record — but that percentage has steadily fallen since then.

A stronger economy and a drop in the unemployment rate over the last five years have not led to more millennials leaving home because of a higher joblessness rate among young people, low or stagnant wages and housing costs that have risen since the 2008 recession, Pew says. Living with mom and dad also allows them to save for a down payment on a home of their own, says Sheldon Garon, a professor of history at Princeton University and author of “Beyond Our Means: Why America Spends While the World Saves.”

Uploaded Image

http://www.marketwatch.com/story/for-the-first-time-in-130-years-more-young-americans-live-with-their-parents-2016-05-24


« POPE IV Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next