We may think that we are living in an age where young adults are living separately from their parents. And we may also think that this trend is on the rise in the United States of America. Although as per a few studies, almost half of America's young adult population is living with their parents.
If we look back into the last few years, then young adults have suffered the most in terms of financial stability. 2020 is mirroring the year of 2008, as both the years have resulted in huge job losses for young adults across the United States. Although the effects of COVID-19 are still changing on a daily basis due to the number of cases and restrictions, this year has seen a rise in the number of young adult population choosing to live with their parents.
This figure has broken the record of 120 years, which was previously held by that during the Great Depression. The infographic below features a timeline in the form of a graph, from 1900 until 2020. Notice how the number young adults have started living with their parents now more than ever.
Infographic by: VisualCapitalist