By age 27, 90 percent of young adults in the NLSY97 had moved out of their parents' homes at least once for a period of 3 months or longer. The median age at the time of moving out was about 19 years.
Finally, between 2020 and 2021, the average age of young men leaving the parental household remained stable. The long-term trend of the age at which women are leaving the parental household does not reveal as much fluctuation as for men: it only fell by 0.3 years, from 25.5 years in 2006 to 25.2 years in 2019.
A separate study found that nearly 30% of adult Gen Zers are still living at home with their parents, held back from moving out on their own by the rising cost of living.
One in four millennials currently live with their parents, and of those, more than half returned within the last year. The two biggest reasons for this are financial. Fifty-one percent of the people polled in the survey said they made the decision to save money and 39% said they could no longer afford rent.
Millennials are those between the ages of 26-41. According to the report, many cite high rent, money concerns, and job losses as the reason why they are living with their parents. Of those who said they can't afford rent, 91% said they would move out if they made more money.
According to analysis from The Federal Reserve Bank of St. Louis, their entire generation may have missed out on economic opportunities their parents and grandparents all enjoyed. The Fed went so far as to call older millennials (those born in the 1980s) a “lost generation.”
American women have been having fewer babies for years, falling in line with worldwide trends. The economic uncertainty of two recessions, climate change, and expensive childcare are to blame. Women are also finding other fulfilling paths and some just aren't interested in having kids.
Over 50 million workers said goodbye last year, and it's a trend that's shown no signs of slowing, based on the latest months' data. The Great Resignation was increasingly dominated by Gen Z.
Regardless of youth trends concerning sedentary lifestyles and higher calorie intake, Generation Z will on average outlive their parents, as has been the case with every Australian generation since record keeping began.
Whether they're working or they're taking time away from a career to raise the kids, millennial dads are much more involved in household matters than dads of previous generations. That goes for childcare, but also for other tasks, such as cleaning, cooking, grocery shopping, and so on.
Perhaps unsurprisingly, divorce rates are changing, too - but not in the way you might expect. While 83 percent of people born between 1928 and 1945 (dubbed “the Silent Generation”) were married by age 37, researchers predict that Gen Z - born between 1997 and 2012 - are marrying far less.
The average life expectancy of baby boomers, Gen X, Millennials, and Gen Z are different. Compared to the 70-year life expectancy of baby boomers and the 85-year life expectancy of Gen X, Gen Z is predicted to have a life expectancy of over 100 years.
While the dates are still a bit up in the air (some argue that the oldest Zoomers were born in 1995), Pew Research defines members of Gen Z as anyone born between 1997 and 2012. That means the group spans ages 11 to 26 in 2023.
It's safe to say that adults older than 30 should not be living at home with their parents unless they are caring for parents with declining health. By the time someone is 30, they should have had enough time to secure a job and save up enough to move out.
Once a young person reaches 16 they can leave home or their parents can ask them to move out. However, parents are responsible for their children's wellbeing until they turn 18 - and they'll likely need support (anchor link).
Ideally, a parent should stay home with a child for the first 2 to 3 years of life.
Aligned with the job satisfaction insights, Gen Zs also proved to be the generation most likely to quit their job if they are unhappy with their workplace, the report found.
The obligations of school or job and late-night social events might sometimes cause bedtimes later. Technology is having a massive impact on the sleep patterns of Gen Z, the generation born between 1995 and 2010.
This chart shows U.S. population growth over the next 30 years. Millennials and Gen Z are less enthusiastic about having children than their parents. The reasons are many: financial, social, and biological, along with the preference among younger generations for “freedom.”
Quiet quitting is a term for a Gen Z worker phenomenon, where employees are no longer going above and beyond for their companies. Instead, they do only the work they signed on for, but no more and no less. This quiet rebellion has emerged post-pandemic as workers prioritize work-life balance.
Gen Z also faces an unprecedented behavioral health crisis: US Gen Zers surveyed by McKinsey report the least positive outlook and the highest prevalence of mental illness of any generation, and European respondents report struggling with self-stigma.
According to a recent survey of 1,300 managers, three out of four agree that Gen Z is harder to work with than other generations — so much so that 65% of employers said they have to fire them more often.
According to Merriam-Webster, in the 2000s snowflake referred "mostly to millennials who were allegedly too convinced of their own status as special and unique people to be able (or bothered) to handle the normal trials and travails of regular adult life".
Young adults' desire to marry has greatly dwindled over the years as factors like fear of commitment, inflation and high divorce rates have taken a toll on younger generations. A majority of millennials — those born from 1981 to 1996 — aren't tying the knot at the same rate as previous generations.
In 2018, 58 percent of American millennial women born between 1982 and 1986 had children. On the other hand, 27 percent of American women born between 1995 and 1998 had children. Women entering their thirties were more likely to have a child compared to women in their twenties.