2015-07-28-皮尤-More_Millennials_Living_With_Family_Despite_Improved_Job_Market_21页_384kb

Summary

Despite economic improvements in the labor market for Millennials, including lower unemployment and better wages, the number of 18- to 34-year-olds living independently has remained largely unchanged since 2007. In 2015, 67% lived independently, similar to 2010, but down from 71% in 2007. More young adults are now living with family, particularly parents, with 26% doing so in 2015 versus 24% in 2010. College-educated Millennials saw stronger labor market recoveries, with higher employment rates and earnings rebounds, but this did not translate to increased independent living for any group. Key factors include higher college enrollment and student debt, which discouraged starting households. Young adult household formation has not grown, potentially affecting housing demand in the U.S.

Labor Market Trends

• Unemployment decreased significantly from a peak of 12.4% in 2010 to 7.7% in 2015.
• Employment rates improved, but are still below 2007 levels for less-educated young adults.
• Full-time employment and median earnings have rebounded most for college graduates.

Living Arrangements Changes

• Independent living declined across education groups, with college-educated young adults least affected by debt but no increase in household formation.
• More young adults are "doubled-up," either in family homes or with roommates, reflecting no growth in standalone households.
• Factors identified include economic challenges, debt burdens, and shifts in education patterns.

Methodology and Data

• Analysis based on Current Population Survey (CPS) data from 2007–2015, focusing on labor force and living conditions.
• Data caveats include sample variability and handling of college students, which align trends with a slight adjustment.