The Wall Street Journal's Kate Davidson looks at the latest Pew Research Center results of a survey that examines the share of millennials forced to move back home to mom and dad's.
The analysis shows that a much larger share of millennial women are living at home than at any time since the 1940, when 36.2% of women age 18 to 34 lived with the parents. Last year, that share was 20 basis points higher, at 36.4%
“The result is a striking U-shaped curve for young women—and young men—indicating a return to the past, statistically speaking,” said author Richard Fry, a senior economist at Pew. “You’d have to go back 74 years to observe similar living arrangements among American young women.”
“Young men, too, are increasingly living in the same situation, but unlike women their share hasn’t climbed to its level from 1940, the highest year on record,” he added.