More U.S. "Millennial" Wastrels Mooching Off Parents

There is no "recovery" and these are very same self-entitled little parasites that were calling for the dissolution of Social Security; now they can live on the streets with their parents when it is finally looted by Congress and the Obama criminals into oblivion - where they can then try on turning tricks for food   

RT
08/01/2015

Young adults are living with their parents at greater rates than during the lowest point of the “Great Recession,” even in the face of improved job prospects as the economy recovers, a new study finds.

Duh: If brains were gunpowder "millennials" 

wound not have enough to pack a firecracker

The living arrangements of young adults seem to have come unhinged from labor market conditions, as they are becoming less likely to live on their own as the economy improves from the financial crisis. 

Five years into the economic recovery, full-time employment is up and wages are starting to rebound. 

But despite these improvements in the labor market, more millennials are living with their parents than they were during the worst period of the recession, according to a recent Pew Research report.

In 2010, 69 percent of 18- to 34-year olds were living on their own, compared to 67 percent in the first third of 2015. 

Over that same period, the share of millennials living with their parents increased from 24 to 26 percent. 

So-called "millennial" losers are parasites

on America - and their parents

This trend isn’t afraid of gender discrimination either. Young women are more likely to live independently than their male counterparts, with 72 percent of millennial women living on their own compared to 63 percent of men. This trend is strange precisely because unemployment data paints a seemingly contradictory picture. The national unemployment rate for those aged 18 to 34 saw a sharp drop from 12.4 percent in 2010 to 7.7 percent in 2015. Wages have correspondingly increased, with median weekly earnings among young adult workers increasing from their 2012 low of $547 to $574 in 2015.

These brighter economic trends aren’t matched by social indicators. For example, 18- to 34-year-olds in 2015 are starting households at a rate lower than they were previously, with 25 million young adults heading households now compared to 25.2 million in 2007, before the recession began. 

This statistic is all the more worrying considering there are nearly 3 million more adults in this age group now than in 2007.

Coddled, pampered, largely illiterate; "millennials" will be the next generation of street people

Seeing as young adults are a growing demographic group, recently outnumbering baby boomers, the lack of demand from millennials for their own home could have important negative consequences for the nation’s housing market, which could, in turn, spill over to other ancillary purchases such as furnishing and telecom, according to the report.

Young adults who are college-educated have made the greatest rebound from the ravages of the Great Recession, with 86 percent living independently of their families, compared to the base rate of 67 percent among the general population. 

Employers are not babysitters, and the majority are refusing to even look at resume's of "millennials"

This number has also slid since the recovery started, however, as 88 percent of college-educated young adults were living on their own in 2010.

This news bureau contains copyrighted material the use of which has not always been specifically authorized by the copyright owner. We are making such material available in our efforts to advance understanding of environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc.  We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have expressed a prior interest in receiving the included information for research and educational purposes.

Posted in: "Mainstream Media" Lies,American "Millennial" Sluts,American Demise,American Whores,Dying America