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ReadToday’s young adults are more likely to live at home than during the recession, despite the rebounding job market and decreased unemployment.
The number of young adults establishing their own households has not increased proportionately to their population growth. From January to April 2015, only 67% of Millennials were living independently, while the share of young adults living with their parents increased from 24% to 26%. This could result in future demand for housing.
Numerous statistics indicate the young adult labor market has strengthened:
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