When the Pandemic Sent You Back to Childhood
Even before coronavirus shuttered their colleges, disappeared their first jobs, or derailed burgeoning careers, millions of America’s “emerging adults” were stuck at home. Between 2000 and 2017, the number of 25-to-34-year-olds living with their parents doubled to reach 22%.
Blame the battering ram of a bad economy. Recessions in 2001 and 2008, along with wage gaps, growing college costs and the crushing weight of student debt, have left younger Americans late to reach traditional adulthood milestones like marriage, homebuying, and kids. The Washington Post reported that, compared to Boomers and Gen X’ers, Millennials — the “unluckiest generation” — have experienced the slowest economic growth. Members of Generation Z now emerging from college may face even tougher challenges.