Many Millennials Who Have Jobs Still Live at Home

entrepreneur-593358_1280Living at home with mom and dad after landing a job might not sound ideal for you, but many millennials are in no rush to move out on their own – even if they have a job.

As the economy has improved, more Millennials have jobs than they did five years ago, yet more of them are living at home now, according to a new report from the Pew Research Center.

Today, 42.2 million Milliennials are living with their parents, compared to 41.9 million in 2010.
In the same period, the unemployment rate for 18 to 34 year-olds has fallen to 7.7% from 12.4%.
And wages have grown too, though it hasn’t been that fantastic. Weekly median earnings for young adults has risen to $574 from a low of $547 in 2012.

Find out more at CNN Money.

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