Millennials are the nation’s most educated generation in history in terms of finishing college. But despite the stereotype that today’s recent college graduates are largely underemployed, the data show that this generation of college grads earns more than ones that came before it.
Marriage is back – at least, a little bit, and with some caveats.
Though the nation is officially four years into “economic recovery,” a new Pew Research Center analysis of recently released Census data suggests that most Millennials are still not setting out on their own.
Until the housing market and home equity levels fully recover, the typical American household still has a ways to go.
For the first time on record, nearly one out of every two dollars in aggregate U.S. household income went to the college educated.
On Tuesday the Census Bureau released its annual trove of data on income, poverty and health insurance in 2012. Here were some of the key findings on household income: New data show that median household income has stagnated for the longest period since the government began collecting such data in 1967. In 2012 the median […]
In 2012, 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, the highest share in at least four decades. The number of young adults doing so has risen by 3 million since the start of the start of the recession in 2007, an increase driven by a combination of economic, educational and cultural factors.
I. Overview A record seven-in-ten (69%) Hispanic high school graduates in the class of 2012 enrolled in college that fall, two percentage points higher than the rate (67%) among their white counterparts,1 according to a Pew Research Center analysis of new data from the U.S. Census Bureau.2 This milestone is the result of a long-term increase […]
During the first two years of the nation’s economic recovery, the mean net worth of households in the upper 7% of the wealth distribution rose by an estimated 28%, while the mean net worth of households in the lower 93% dropped by 4%, according to a Pew Research Center analysis of newly released Census Bureau […]
After running up record debt-to-income ratios during the bubble economy of the 2000s, young adults shed substantially more debt than older adults did during the Great Recession and its immediate aftermath—mainly by virtue of owning fewer houses and cars, according to a new Pew Research Center analysis of Federal Reserve Board and other government data. […]