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Millennials' Wallets Are Doing Pretty Well Post-Pandemic

Young Americans under 40 watched their wealth grow by nearly 50% since 2019, per CAP

(Newser) - While all eyes remain on the US economy as we barrel toward the November election, Axios reports on a noteworthy stat out of the left-leaning Center for American Progress , finding that younger Americans are doing pretty well financially post-pandemic. To wit, the average household wealth of those under the age...

About Half of US Parents Still Paying for Adult Kids

Survey finds working parents give twice as much to adult children as to retirement savings

(Newser) - Parents who financially support adult children are in the norm. Nearly half of US parents—47%—financially support an adult child in some way, according to a new survey conducted by . As housing and food costs have risen, the likelihood of a young person moving out on their...

Millennials' Tactic on Housing Market: Live With Parents

Many are living rent-free to save up for a down payment

(Newser) - Millennials have found the solution to affording a down payment on first-time homes in a volatile market: shacking up with their parents. According to the Washington Post , more than a fifth of millennials living with their parents by choice are saving up for their own down payment. The National Association...

Hey Florida, There Are Some New Kids in Town

Millennials are leaving New York and California for the Sunshine State

(Newser) - Good news, Florida boomers: those new neighbors moving in can help set up your iPhone and install anti-virus software, all for the price of an avocado toast. In other words, millennials are coming to town! Per Business Insider , there's been a shifting demographic in who is moving to Florida....

From Sleeper Hit to 'Generational Anthem'

'New York Times' anoints 'Mr Brightside' by the Killers, now 20 years old

(Newser) - When "Mr. Brightside" came out in 2003, the world shrugged. But the song by the Killers has endured, and then some. More than a year after its release, it peaked at No. 10 on the Billboard charts, but it has kept right on enduring. By 2017, Vox declared the...

These Are the Cities Where Millennials Are Moving

Massachusetts city of Cambridge tops SmartAsset's list

(Newser) - About 25% of millennials uprooted last year and moved to a different city, and SmartAsset wanted to find out which cities proved the biggest draw for this demographic (those between the ages of 25 and 44, for the purposes of this analysis). The financial tech firm looked at US Census...

Every Generation Lost Wealth Last Year—Except One

Millennials defied the odds, and their own reputation

(Newser) - An annual assessment of individuals' wealth by Swiss banking giant UBS found that the US got hit harder than any other nation last year. The Global Wealth Report says the total net worth of Americans dropped by nearly $6 trillion in 2022, with 1.8 million Americans losing their status...

There's Been a Big Shift in Young Adults' Views on Alcohol
Kids These Days Have Very
Different Opinions on Booze
in case you missed it

Kids These Days Have Very Different Opinions on Booze

More than half of millennials, Gen Z now view moderate drinking as harmful, per Gallup poll

(Newser) - A greater share of Americans than ever before believes drinking in moderation is unhealthy. In a Gallup poll released Thursday, 39% of 1,015 adults across the US surveyed during the month of July say moderate drinking—consuming one to two drinks per day—is bad for one's health,...

More Young Women Are Getting Cancer
More Younger People
Are Getting Cancer
new study

More Younger People Are Getting Cancer

Uptick is particularly striking among women

(Newser) - The good news in a new assessment of cancer cases in the US is that numbers are decreasing for those ages 50 and older. The more troubling news is that cases ticked up among people younger than 50—particularly among women and those in their 30s, reports the Washington Post ...

Unwed Older Millennials, You're Not Alone

Record number of 40-year-old Americans have never been married, per new Pew research

(Newser) - If you've recently made it to the big 4-0 and never gone down the aisle, you're definitely not alone: About 25% of 40-year-olds in the US have yet to be married, per 2021 stats from the US Census Bureau cited by the Pew Research Center —a record...

For Oldest Millennials, It May Be an Unwelcome Milestone
For Oldest Millennials, This
Year's Birthday May Hurt

For Oldest Millennials, This Year's Birthday May Hurt

Per the 'Wall Street Journal,' 43 is the age when Americans typically stop feeling young

(Newser) - The first members of the generation we know as millennials came around in 1980, which means they're turning 43 this year, notes Clare Ansberry in the Wall Street Journal . And that just happens to be the average age that Americans stop feeling young, according to this survey by the...

On Homeownership, It's a Millennial Milestone

For the first time, more own than rent

(Newser) - It took longer than it usually does, but the millennial generation appears to have reached a milestone when it comes to their living arrangements. A new report from RentCafe finds that most millennials—52%—now own a home instead of renting, reports USA Today . The total number of millennial homeowners—...

Did You Hate-Watch Girls? You Might Empathize Now

Taking a closer look at what's spurring people to revisit this show, and other old favorites

(Newser) - The Last of Us has dominated the TV discourse over the past couple of months, but there's another show that has also been creeping up in chats: Girls, Lena Dunham's HBO "dramedy" that saw its final season end about six years ago. An HBO spokesperson tells...

Mom Still Pay Your Rent, Millennials? You're in Good Company

New survey finds 40% of this demographic have at least one bill paid for by parents

(Newser) - If you're a 30-something whose parents are still making your car payments or slipping you some cash for your internet bill, you're definitely not alone. In fact, two-fifths of millennials—the demographic currently between the ages of 26 and 41 or so—say mom and dad are ponying...

Millennials Stick Close to Home
Millennials Don't Go
Too Far From the Nest
new study

Millennials Don't Go Too Far From the Nest

By age 26, more than two-thirds of young adults in the US lived in the same area where they grew up

(Newser) - A new study by Census Bureau and Harvard University researchers suggests that millennials aren't straying far from home in adulthood. By age 26, more than two-thirds of young adults in the US lived in the same area where they grew up, 80% had moved less than 100 miles away,...

Millennials, You May Want to Head to This State

Washington ranks first in WalletHub's rankings for most appealing places for the 26-41 set

(Newser) - Whether you call them Generation Y or millennials, the group wedged between Generation X and Generation Z—ie, those born between 1981 and 1996 —has its own particular wants and needs when looking for a place to settle down. WalletHub wanted to figure out the most appealing states for...

Leftist Millennial Wins Presidency in Chile

Gabriel Boric, 35, is nation's youngest modern president

(Newser) - Former leftist student leader Gabriel Boric will be under quick pressure from his youthful supporters to fulfill his promises to remake Chile after the millennial politician scored a historic victory in the country's presidential runoff election, per the AP . Boric spent months traversing Chile, vowing to bring a youth-led...

Ridley Scott Blames Bomb on Millennials and Their Phones
Ridley Scott Blames Flop on
Millennials and Their Phones
in case you missed it

Ridley Scott Blames Flop on Millennials and Their Phones

Director thought script, marketing strategy for Last Duel were fine

(Newser) - Millennials take the fall for everything from the decline of American cheese and breakfast cereal to shifts in marriage trends . Ridley Scott thinks they’re responsible for his latest movie tanking, too. The Gladiator director stopped by Marc Maron’s garage for an episode of the WTF podcast and blamed...

This Is the Best State for Millennials

Washington offers a warm welcome if you're between the ages of 25 and 40

(Newser) - Millennials end up in headlines quite a bit , and the latest one offers some guidance on where they might be able to live their best lives. WalletHub examined this demographic— generally defined as those born between 1981 and 1996, making them between 25 and 40 in 2021—and where they'...

Here's Where Millennials Are Flocking to Across America

The 25-to-39 set is defecting from big cities to smaller ones

(Newser) - Before the pandemic, millennials were already starting to ditch America's biggest cities, leaving New York, Chicago, and Los Angeles for opportunities in cozier urban enclaves, per CNBC . COVID hasn't changed that trend, and SmartAsset wanted to see which smaller cities draw the demographic of those ages 25 to...

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