The number, in millions according to Barron's, of millennials in the U.S. 86 million: that's 7 percent larger than the baby-boom generation.
The percentage of millennials who are unemployed in the United States, according to the United States Labor Department, this is even more alarming when paired with a Harvard study finding that just 6 in 10 millennials have a job, half of which jobs are part-time. The bottom line here is that millennials can't seem to find jobs.
The number of bachelor's degrees, in millions, that universities are expected to award during the 2013-14 school year. This is in addition to the 943,000 associate's degrees, 778,000 master's degrees and 177,000 doctoral degrees projected.
The percent of hiring managers in a recent survey by Adecco who say they have no plans whatsoever to hire a recent college graduate.
4.7 million jobs have been created over the past three years, according to the Jobs Report, while about 8 million jobs were lost in 2008 and 2009. The fact is, jobs aren't being created fast enough for the entire U.S., much less for millennials.
The average age at which current U.S. retirees said they retired, compared with 59 in 2003 and 57 in 1993. That figure is just current retirees; current non-retirees expect to delay their own retirements past age 65. Whether they haven't saved enough money or just love working, their delayed retirement means less upward mobility for millennials.
The total number, in millions, of millennials who lived in their parents' home in 2012, up from 18.5 million of their same-aged counterparts in 2007. Millennials simply can't afford to live on their own.
Source: Huffington Post
Have something to say about this article? Leave your comment via Facebook below!
Recently by Jim Liebelt
- Court Rules Parents May Be Liable for What Their Kids Post on FacebookTuesday, October 21, 2014
- Another Study Finds Teens Still SextingMonday, October 20, 2014
- What's Hot? 10/17/14Friday, October 17, 2014
- Authoritarian Mothers Linked to Increased Teen Alcohol UseThursday, October 16, 2014
- More Than 80% of Children Lie About Their Age to Use Social Media SitesWednesday, October 15, 2014
Recently on Crosswalk Blogs
Add Crosswalk.com content to your siteBrowse available content