2.5 Million Unemployed Young Adults Living With Parents
✉️ Want to forward this article? Click here.
In the past five years, the number of unemployed adult children in the U.S. who live with their parents has risen from 1.3 million to 2.5 million, reported The New York Times recently.
Courtesy of The New York Times.
From the Times:
Based on demographics and previous trends in household formation, it looks as if the country still has about 1.8 million fewer households today than it would have in a more “normal” economy, and most of that total household deficit is accounted for by the lower numbers of households formed by those in the 15-34 age group. Demographics suggest that there should be about 1.1 million more households headed by younger Americans today than there actually are.
According to a previous study conducted by Ohio State University and reported by Bloomberg, about 25 percent of adults between ages 18 and 30 live with their parents.
Similar Posts:
See other articles related to: young adults
This article originally published at https://dc.urbanturf.com/articles/blog/young_adults_still_living_with_parents/6288.
Most Popular... This Week • Last 30 Days • Ever
In this edition of First-Timer Primer, we look at the ins and outs of the 203k loan.... read »
The largest residential conversion planned in the neighborhood is continuing to move ... read »
Plans for the large new residential project are looking to get started again after mo... read »
The Wall Street Journal is reporting that Jeff Skoll has purchased two homes on nine ... read »
The residential pipeline in Adams Morgan has slowed in recent years, and now there ar... read »
DC Real Estate Guides
Short guides to navigating the DC-area real estate market
We've collected all our helpful guides for buying, selling and renting in and around Washington, DC in one place. Start browsing below!
First-Timer Primers
Intro guides for first-time home buyers
Unique Spaces
Awesome and unusual real estate from across the DC Metro