Despite an improving economy, the percentage of young adults, or millennials, living independently in the United States has not rebounded to prerecession levels, according to a recent study.
“In fact, the nation’s 18- to 34-year-olds are less likely to be living independently of their families and establishing their own households today than they were in the depths of the Great Recession,” said the report from the Pew Research Center, which analyzed U.S. Census Bureau data.
In 2010, when the unemployment rate for adults 18 to 34 stood at 12.4 percent, 69 percent of them were living independently. But in the first third of 2015, when their jobless rate had fallen to 7.7 percent, the percentage living independently was only 67 percent.
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