MORE OLDER MILLENNIALS LIVING WITH RELATIVES

More older Millennials are living with relatives, a legacy of 2007-09 recession

The share of older Millennials living with relatives is still rising, underscoring the lingering obstacles faced by Americans who entered the workforce during and after the Great Recession.

About 20% of adults age 26 to 34 are living with parents or other family members, a figure that has climbed steadily the past decade and is up from 17% in 2012, according to an analysis of Census Bureau data by Trulia, a real estate research firm. The increase defies record job openings and a 4.1% unemployment rate, the lowest in 17 years.

Not surprisingly, a much larger portion of younger Millennials age 18 to 25 (59.8%) live with relatives, but that figure generally has fallen the past few years after peaking at 61.1% in 2012.

https://www.usatoday.com/story/money/2017/11/21/more-older-millennials-living-relatives-still-recession-2007-09-because-thats-when-many-graduated-hi/876747001/