Gen Y

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Date Submitted: 07/27/2014 08:47 PM

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GENERATION Y/MILLENIALS

SOCIAL/DEMOGRAPHIC TRENDS

In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.

record total of 21.6 million Millennials lived in their parents’ home in 2012, up from 18.5 million of their same aged counterparts in 2007. Of these, at least a third and perhaps as many as half are college students. (In the census data used for this analysis, college students who live in dormitories during the academic year are counted as living with their parents)

The men of the Millennial generation are more likely than the women to be living with their parents—40% versus 32%—continuing a long-term gender gap in the share of young adults who do so.1

http://www.pewsocialtrends.org/2013/08/01/a-rising-share-of-young-adults-live-in-their-parents-home/

Millennials in Adulthood

Millennials are forging a distinctive path into adulthood. Compared with older generations, they are less tied to traditional political and religious institutions and more inclined to build their own personal networks through social media. Hard-hit by the recession, they are economically stressed. Yet they remain optimistic about the future. They are racially diverse, liberal on many social issues and to this point solidly Democratic at the ballot box.

http://www.pewsocialtrends.org/2013/08/01/a-rising-share-of-young-adults-live-in-their-parents-home/

PSYCHOGRPHICS: 5 THINGS YOU SHOULD KNOW ABOUT GENE Y

1. Connection

Gen Y kids are more optimistic and more socially conscious, craving constant...