Record Number of Millennials Live with Parents

We’ve all grown used to the fact that there are record numbers of people living on government assistance and that record numbers of women are unmarried. Now comes a simple headline that a record number — 36 percent — of young adults aged 18-31, the Millennials, are living with their parents. A just-released Pew Research study boils the data down to reveal that nearly 22 million young adults are unable to afford to become independent adults. The current 36 percent is a “slow but steady” climb from 32 percent in 2007 and 34 percent in 2009.