Over a third of young adults in the US were unemployed in 2012, leading to a 7% increase in those living with their parents. The decline in marriage is also a factor, with just 23% of 18-34 year olds married in 2012 compared to 56% in 1968. Male young adults are more likely to live with their parents than females, and those who started college but didn’t finish are more likely to cohabit with their parents due to student loan debt.
About 32 percent of young people live with their parents, according to the 2014 Census of Living Conditions for US Adults Ages 18-34. In 2012, 37 percent of adults ages 18 to 31 were unemployed, according to research published by Pew Research Social and Demographic Trends. This was a 7% increase from 2007, before the US experienced an economic downturn. The increase in young adults living with parents can also be attributed to a decline in marriage: 56% of 18-34 year olds were married and had families in 1968, up from 23% in 2012.
Read more about the ways of life of young people:
Young males are more likely to live with their parents than females: 40% of males aged 18-34, compared to 32% of females.
45% of unemployed youth in the United States live with their parents.
Adults aged 18-34 who started college but did not finish had a higher rate of cohabitation with their parents (43%) than those with a higher or lower education (40%). This is thought to be due to student loan debt affecting your ability to secure your housing.
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