A Closer Look

Millennials in US – The largest living generation

In 2016, there were an estimated 79.8 million Millennials (ages 18 to 35 in that year) compared with 74.1 million Baby Boomers (ages 52 to 70). The Millennial population is expected to continue growing until 2036 as a result of immigration.

By some measures, Millennials have very different lives than earlier generations did when they were young. They’re slow to adopt many of the traditional markers of adulthood. For the first time in more than 130 years, young adults are more likely to be living in their parents’ home than in any other living arrangement. In fact, a larger share of them are living with their parents than with a romantic partner – marking a significant historical shift. More broadly, young adult geographic mobility is at its lowest level in 50 years, even though today’s young adults are less likely than previous generations of young adults to be married, to own a home or to be parents, all of which are traditional obstacles to moving.

Chosen excerpts by Job Market Monitor. Read the whole story at 10 demographic trends shaping the U.S. and the world in 2017 | Pew Research Center

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