Has the recent economy, since the dot com bust and great recession, made it harder for young people to find work and leave home, or has western society lost its' work ethic? In other words, is the west a reflection of the luxury of keeping millenials in the manner to which they have been made accustomed?
A record 14% of 25 to 34 year olds live in the parental home in the US…
And it is even higher in many European countries...
Meanwhile, the economy cannot meet the entitlement spending projected to come…
And those aged 55+ have recently managed to improve their labor force participation while the youngest continue to decline….
Comments