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Number Of Millennials Living At Home With Mom Continues To Surge


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2017 Nov 22, 7:45pm   4,048 views  12 comments

by MrMagic   ➕follow (2)   💰tip   ignore  

Despite being the most educated generation ever to walk the face of the planet, at least according to their tuition bills paid by mom and dad, a
staggering number of millennials still can't seem to land a steady job.

Moreover, despite the steadily improving labor market, as the USA Today points out, the outlook for millennials continues to inexplicably deteriorate with 20% of 26-34 year olds currently living at home with mom versus only 17% back in 2012.

So why does the professional development of millennials continue to diverge from other generations? While one can never be sure, perhaps the answer to that question lies in the personal experience of young Heidi Toth who decided to quit her job, after gaining just two years of experience, to join a church mission for nearly two years.

Then, after returning to work from her travels, Toth quit again in 2013 after a "series of layoffs modified her duties"...which we assume roughly translates to..."a bunch of people got fired which meant I had to work harder so I quit."

Millennials are the largest living generation by population size (79.8 million in 2016), but they trail Baby Boomers and Generation Xers when it comes to the number of households they head.




Of course, those aren't the only stats that prove just how much those anthropology degrees are paying off...Millennials are also winning at the 'cohabiting-couple' game...presumably because it takes a village of millennials to cover one monthly rent bill.



There just has to be an app for that somewhere...............



http://www.zerohedge.com/news/2017-11-22/labor-market-conundrum-number-millennials-living-home-mom-continues-surge
#economics

Comments 1 - 12 of 12        Search these comments

1   WatermelonUniversity   2017 Nov 22, 9:19pm  

maybe they shouldn't have voted for Obama who shipped their jobs away
2   MrMagic   2017 Nov 23, 5:31pm  

BorderPatrol says
maybe they shouldn't have voted for Obama who shipped their jobs away


Voting has consequences.
3   anonymous   2017 Nov 24, 10:37am  

Didn't Trump say today that everything was Winningly MAGA.

5 minutes ago I heard on a background TV:
"Social media is a cesspool of questionable human behavior."

Too late for Obama to bring back those Carrier jobs?
4   anonymous   2017 Nov 24, 10:37am  

I'm constantly amused by the added pictures. Is there a central repository somewhere of stock photos of millennials staring at their phone?
5   Ceffer   2017 Nov 24, 11:07am  

The perfect MillXY Christmas gift: a computer screen jizz scraper that Mom thinks is a job application form.
6   RC2006   2017 Nov 24, 12:37pm  

Maybe boomfucks shouldn't have loaded them with so much debt that our dollar doesnt even go a quarter as far with hard assists, retire, and take pension cuts. Before boomfucks less than a trillion in debt.
7   Shaman   2017 Nov 24, 1:29pm  

Boomfucks made sure that house prices went to ridiculous levels before Millenials were able to buy houses, thus ensuring they couldn’t. Also they made sure college cost a small fortune and student debt couldn’t be discharged in bankruptcy court. Then they shipped a fuck ton of jobs overseas and required a college degree with job experience for starting positions for the ones that stayed domestic. Then when the recession they caused with reckless derivative speculation made tens of million jobless, they cut wages and kept them low for the next seven years while corporate profits went through the roof.

So yah, Millennials are lagging a bit. It’s no wonder, as they’ve been exposed to the least opportunity of any generation since the Great Depression with the greatest headwind.
Good thing most of them are fairly hard workers and much less materialistic than Boomers because they will have to work much harder for much less.
8   Ceffer   2017 Nov 24, 3:12pm  

KILL THE BOOMFUCKS! KILL THEM ALL!

THE GENERATIONAL APOTHEOSIS OF EVIL MUST DIE!
9   MrMagic   2017 Nov 24, 3:36pm  

RC2006 says
Maybe boomfucks shouldn't have loaded them with so much debt


Really, the boomfucks held a gun to their heads and made them sign those loan agreements?. How mean of them.
10   Shaman   2017 Nov 24, 4:18pm  

Most of the millennials I know are hard workers who are doing the best they can. The improving Trump economy is helping their generation out as a group. More jobs, less competition for jobs, slowing of immigration, and more people with spending money means they have more
I predict many millenials will become Trump voters fully on board to MAGA in three years!

These kids are actually pretty awesome!
11   RC2006   2017 Nov 24, 6:45pm  

Sniper says
RC2006 says
Maybe boomfucks shouldn't have loaded them with so much debt


Really, the boomfucks held a gun to their heads and made them sign those loan agreements?. How mean of them.

I'm talking about national debt.
12   Strategist   2017 Nov 25, 3:40pm  

Sniper says

Interesting, my Millennial kids have been able to buy houses without the help of mommy and daddy. I wonder how that happened?


Sniper says

Interesting, my 3 Millennial kids have 5 college degrees and one minor between the 3 of them, and mommy and daddy paid for very little of the college costs. I wonder why that is?


You did not raise them right. They will never fit in with their generation.

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