In addition to pouring sand into the gears of the world economy, breaking down interpersonal relations and giving elected politicians near-dictatorial powers across the United States, the Chinese coronavirus pandemic has caused a record number of young adults to move back in with their parents, according to the Pew Research Center.
CBS reports that in a trend that promises to cause future problems, Some 52 percent of 18-to-29-year-olds now live with one or both of their parents, the nonpartisan think tank found in Census data. It’s the first time on record that more than half of that age group has lived with parents, the research center said. The latest figure is up 5 percentage points from February.
The share of younger working age adults living at home could have been higher during the Great Depression, Pew noted, but figures for that period don’t exist. The number of young people living with their parents bottomed out in 1960 and has steadily risen since, according to Pew.
The move back home was led by the youngest adults, with 71 percent of 18-to-24-year-olds living with parents in July, up from 63 percent in February. Notably, Pew reported, numerous closures of college campuses earlier this spring didn’t have a noticeable impact on the jump. That’s because the Current Population Survey, on which the analysis is based, already counts unmarried students living in dorms as living with parents.
Young people across all major demographic groups moved back home. “The number and share of young adults living with their parents grew across the board for all major racial and ethnic groups, men and women, and metropolitan and rural residents, as well as in all four main census regions,” Pew researchers wrote.