Sep 17, 2020 20:00:00

The percentage of 'young people living in their parents' homes' exceeded 50% for the first time

The pandemic of the new coronavirus infection (COVID-19) has led to a surge in the number of young people living with their parents in the United States. A new survey by the

United States Census Bureau reveals that the number of young people aged 18 to 29 living in their parents' homes has exceeded the majority for the first time since the survey began.

52% of young adults in US are living with their parents amid COVID-19 | Pew Research Center
https://www.pewresearch.org/fact-tank/2020/09/04/a-majority-of-young-adults-in-the-us-live-with-their-parents-for-the-first- time-since-the-great-depression /

The think tank Pew Research Center , which investigates a wide range of topics such as politics, economy, and gender in the United States, reported that the majority of young Americans living with their parents exceeded the majority. The Pew Research Center has independently compiled data from the United States Census Bureau's monthly survey to visualize 'changes in the proportion of young people living with their parents.'

The percentage of young people aged 18 to 29 in the United States who live with their parents, published by the Pew Research Center, is as follows. The transition in 2020 is shown in the green graph, and the transition in 2019 is shown in the yellow graph. In 2019, the percentage of young people living with their parents is almost flat at 46% to 47%, but it will continue to increase at a pace of 2% per month from February 2020, and will be the majority in April 2020 51. Reached%. Since then, the ratio has been stable at 52%.

From February to July 2020, the number of young people who chose to live with their parents increased by about 2.6 million, according to the Pew Research Center. This increasing trend was common regardless of race, ethnicity, gender, or residential areas such as urban and rural areas, but it was particularly noticeable among 'young people aged 18 to 24' and 'white young people'. was. According to an independent survey by the Pew Research Center, the number of young people living with their parents has increased rapidly due to the 'COVID-19 pandemic.' 9% of young people moved during the pandemic, 23% of the young people who moved said that the university campus was closed, and 18% said they had to move for financial reasons. I am.

It is the first time in the United States Census Bureau's 120-year survey that the percentage of young people living with their parents has exceeded 50%. Below is a graph that visualizes the transition of the problem rate since 1900. The survey has been conducted every month since 2000, but in the past, the survey was conducted every 10 years, so the graph below is unified over a span of 10 years. From 1900 to 1930, when the survey began, the proportion of young people living with their parents was almost flat, but it surged due to the

Great Depression that occurred in the 1930s. In 1940, it reached 48%, 'almost half.' After the end of World War II, this ratio dropped to 29% due to the special demand for the Korean War and the Vietnam War. Since then, it has shown a gradual increase, but it has finally exceeded the majority following the COVID-19 pandemic.

A Pew Research Center study shows that the pandemic puts the youngest young people aged 18 to 24 in financial distress. From February to June 2020, the proportion of adolescents aged 18 to 29 who are neither attending school nor employment has skyrocketed from 11% to 28%, making them more unemployed or less paid than other age groups. The probability is high.