Nov 20 2014

Multi-generational living is here to stay in a low wage economy: Over 57 million Americans live in multi-generational households.

The Great Recession might be officially over on paper, but the social impact continues to be felt today. The structural changes are deep and profound and have caused a major rise in multi-generational households. Many young Americans burdened by low wage jobs and college debt may have no other option but to move back home […]

Jul 5 2014

Being young increases your odds of being unemployed in the US: 40 percent of unemployed workers are Millennials. The long-term impact of young unemployment.

Young Americans continue to carry a heavy burden brought on by the Great Recession. A recent analysis conducted on US Census data found that 40 percent of unemployed workers are Millennials. Many young workers are simply trying to start their careers and each year that passes is a year where retirement planning is delayed, savings […]

Jun 18 2014

Generation R – Millennials are largely living at home or opting to rent. What happens when homeownership is less accessible to younger Americans?

There is a big challenge when someone comes of age during an economic crisis. Millennials, the children of baby boomers born between 1982 and 2000 have largely grown into an economy that was fully in shambles. This is a generation that grew up with parents talking about the middle class as if it were a […]

Jun 13 2014

The economic war on the young: young Americans are being priced out of the housing market, pushed into student debt, and many see no growth in wealth.

The job market continues to be depressed for young Americans. As graduation season comes to an end, many are going to start getting letters in the mail from their friendly student debt service organization. Other recent graduates continue to live at home facing a failure to launch as rents rise and the prospect of home […]

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, […]

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