Big jump in number of millennials living with parents reported

“More Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply, according to a study released Thursday.  A record 57 million Americans, or 18.1% of the population, lived in multigenerational arrangements in 2012, according to the Pew Research Center. That’s more than double the 28 million people who lived in such households in 1980, the center said.  For the first time, a larger share of young people live in multigenerational arrangements than of Americans 85 and older. The share of people in the older age group living in multigenerational households rose between 2000 and 2012 to 22.7%.”

http://www.latimes.com/business/la-fi-more-millennials-moving-home-20140717-story.html

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