Most young adults are living with their parents a first
Some 52% of 18-to-29-year-olds are now living with one or both parents, the nonpartisan think tank found in assessing Census data. That’s the first time on record that more than half of that age group has lived with their parents, the research center said. The latest figure is up 5 percentage points from February.
Pew noted that the share of younger working age adults living at home could have been higher during the Great Depression, but that figures don’t exist for that time period. The portion of youth living with their parents hit a low in 1960 and has steadily risen since, according to Pew.
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[Source: CBS News]