Despite Economic Recovery, Millennials Aren't Moving Out of Their Parents' Homes

Despite Economic Recovery, Millennials Aren't Moving Out of Their Parents' Homes

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Tara Bellucci
Aug 2, 2015

Labor Market Has Improved for Young Adults, Yet Living Independently of Family Has Declined

The economy has recovered, but young adults haven't yet moved out of their parents' homes. A report by the Pew Research Center shows that even though the unemployment rate is down, there are less young adults getting their own places.

In fact, more people are moving home: The study shows that in 2010, 69% of 18- to 34-year-olds lived independently. As of the first four months of this year, it was only 67%. From 2010 to 2015, number of young adults living in their parents’ homes has increased from 24% to 26%.

See more over at Pew Research Center:

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