Why More than Half of Young Adults are Living With Their Parents

Name: Why More than Half of Young Adults are Living With Their Parents
Uploaded: 2021-05-30T15:00:14.000Z
Duration: 4 min 34 s
Description: Fewer young adults in the U.S. are leaving the nest or they’re moving back in. According to a Pew Research poll, last year, more than half of Americans ages 18 to 29 reported living with their parents. That’s the highest percentage since the Great Depression. Soledad O’Brien talks with Jeffrey Passel, a senior demographer at Pew Research Center.

The Rise of Young Adults Living with Parents

Current Trends in Young Adult Living Situations

Soledad introduces the topic, highlighting that 52% of young adults are currently living with their parents, a figure higher than any time since the Great Depression.

Jeffrey Passel notes that the last comparable rate was in 1940 during a period of high unemployment, indicating economic factors influence living arrangements.

Factors Influencing Living Arrangements

Passel explains that delayed marriage and household formation are significant trends contributing to this phenomenon, suggesting societal shifts rather than solely pandemic-related issues.

He emphasizes that these trends may be long-term changes rather than temporary responses to current events.

Implications of Multigenerational Households

Passel discusses the potential benefits of multigenerational households, stating they are less likely to experience poverty compared to single-generation households.

He highlights that multigenerational living can provide solutions for childcare and indicates a decrease in elderly individuals living alone due to this trend.

Video description

Fewer young adults in the U.S. are leaving the nest or they’re moving back in. According to a Pew Research poll, last year, more than half of Americans ages 18 to 29 reported living with their parents. That’s the highest percentage since the Great Depression. Soledad O’Brien talks with Jeffrey Passel, a senior demographer at Pew Research Center.