Mar 6 2014

Never leave home generation: Household formation goes negative year-over-year at steepest rate since recession ended in 2009.

Young Americans have taken on the brunt of this Great Recession.  Since the recession ended, young Americans continue to be saddled with tremendous amounts of student debt.  With a weak blue collar sector, going to college may seem like the only viable road into the middle class.  Yet one thing is certain and that is, […]

Nov 5 2013

Arrested economic development: 36 percent of Millennials living at home delaying financial adulthood. Less than one-third of Millennials employed.

Young Americans are living at home in record numbers.  Millennials are living at home for much longer because of the poor economic conditions for the young.  Think about the perfect storm of financial pain for young Americans. College costs are astronomical and many are going into massive debt to pursue a college education.  If not, […]

Aug 31 2013

Why are so many young Americans living at home? Record number of Americans living at home while student debt reaches another record.

While the unemployment rate continues to fall in large part because people are dropping out of the workforce, we reach another record which highlights a difficult economy for young people.  A record number of young Americans now live at home.  It would be one thing if this was being driven by a desire to stay […]

Aug 5 2013

Failure to launch into household formation: Record 36 percent of young Americans (18 to 31) living at home with parents. Where is household formation coming from?

The notion that the housing market is surging because of young Americans buying up homes to form households is simply incorrect.  The housing market is rising like an artificial phoenix built on Wall Street’s insatiable appetite to leverage easy money from the Fed and investors.  If we look at data regarding young household formation we […]

Jun 14 2013

The financially forgotten generation: Economically raising the Millennials in a debt strapped financial world. Over half of Millennials have no savings.

Millennials, those roughly 18 to 34 years of age are growing up in the financial shadow of their baby boomer parents.  This group of Americans is more diverse in what they perceive to be a good quality life.  They prefer to live close to work and shopping, they are not big on suburbs, and many […]

Feb 2 2013

Young riding out recession by going into debt for college: Millennial unemployment jumps by two percent.

As the animal spirits of the economy rage wild, there are still difficult challenges ahead for younger Americans.  While the stock market is up highlighting corporate euphoria, many companies are doing this with 4 million fewer workers.  So the economic recovery is not evenly distributed and they rarely are.  Yet younger Americans are still facing […]

Jan 5 2013

American Gerontocracy: Since 2009 2.7 million jobs for those 16 to 55 have been lost yet 4 million jobs were added for those between 55 and 69.

It is still a tough time to be young and looking for work in the United States.  With the steady destruction of blue collar industries with living wages, many have to pursue a college degree for any chance at becoming middle class.  Yet higher education has become a debt plagued mess where students have to […]

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