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IPFS News Link • Economy - Economics USA

Big jump in number of millennials living with parents reported

• http://www.latimes.com, Walter Hamilton

A multigenerational family is defined as one with two or more generations of adults living together.

The sluggish job market and other factors have propelled the rise in millennials living in their childhood bedrooms.

About 23.6% of people age 25 to 34 live with their parents, grandparents or both, according to Pew. That's up from 18.7% in 2007, just prior to the global financial crisis, and from 11% in 1980.

 


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