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A majority of young adults in the U.S. live with their parents for the first time since the Great Depression

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USA Gold
 
Published : September 11th, 2020
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Pew Research Center/Richard Fry, Jeffrey S. Passel and D’Vera Cohn

“Young adults have been particularly hard hit by this year’s pandemic and economic downturn, and have been more likely to move than other age groups, according to a Pew Research Center survey. About one-in-ten young adults (9%) say they relocated temporarily or permanently due to the coronavirus outbreak, and about the same share (10%) had somebody move into their household. Among all adults who moved due to the pandemic, 23% said the most important reason was because their college campus had closed, and 18% said it was due to job loss or other financial reasons.”

Posted with permission of Pew Research Center

USAGOLD note:  “May you live in interesting times.”

Repost from 9-7-2020
Read the rest of the article at USA Gold
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