Inflation is Eroding Purchasing Power and Hurting Millennials the Most: Exploring the Cost of Two Important Items from 2000 to 2020.
While we are still dealing with the fallout brought on by Covid-19, the group most impacted by the pandemic is young workers. They are disproportionately shouldering the hits that have come from the pandemic. Many are unable to telework and others are employed by industries that tend to pay less and have largely shut down […]
Millennials and Gen Z Forced Back Home: 52% of 18- to 29-year-olds live at Home with their Parents, the Highest Percentage Dating Back 120 Years.
Younger Americans face a daunting jobs market. Covid-19 has crushed the employment market especially with entry level positions and internships which are typically used as platforms into full-time career opportunities. The Class of 2020 has graduated into the worst economy in modern history. While some sectors in the economy are hiring, these jobs are a […]
5 charts highlighting the epic housing crisis for Millennials – one third of young adults living at home with parents.
Millennials are starting to realize that living at home may be a longer-term proposition. Moving back home is being motivated by heavy levels of student debt and jobs that simply pay a lower wage. These trends run directly into the current reality that rental prices are soaring and home values are once again near peak […]
Housing affordability shows that most Americans are too broke to buy a home: The American Dream moves further out of reach.
More Americans are finding it harder to afford a home. In fact, a closely followed housing affordability index is now back to where it was in 2008. Not exactly a prime time for buying homes. Most Americans are too broke to afford a home. Which is somewhat contrary to the narrative that is pumped out […]