A majority of young adults are living with their parents for the first time since the Great Depression by Richard Fry, Jeffrey Passel and D’Vera Cohn for Pew Research Center.
The pandemic has pushed nearly 30 million young adults to move in with their parents by Erica Pandey for Axios. The pandemic is only part of the story, in my opinion.
Japan’s Shut-ins, Hikikomori, Are Living With Their Parents and Have No Jobs by Yoshiaki Nohara for Bloomberg Business Week.
Tags: Coronavirus Recession
October 9, 2020 at 12:53 pm |
That chart tells many stories. I’d suggest it is a proxy for the actual standard of living. Expensive gadgets do not prosperity make – that’s just materialism. Prosperity is all about confidence and hope for the future.
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