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IPFS News Link • Economy - Economics USA

The Obama 'Recovery':

• zerohedge.com by Tyler Durden

Millennials finally get to claim a trophy for an achievement they actually earned (no participation medals here)...that's right, Millennials have officially set a 75-year record for highest percentage of young adults living at home with mom.  At just under 40%, Millennials are barely shy of the all-time record of 40.9% set in 1940, after the end of the Great Depression.  For once, we have every confidence that our young snowflakes will excel in crushing this longstanding record.  Per the Wall Street Journal:

Almost 40% of young Americans were living with their parents, siblings or other relatives in 2015, the largest percentage since 1940, according to an analysis of census data by real estate tracker Trulia.


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