Part of the promise of the American Dream is that each generation will do better than the last. Has that happened with our adult children, the millennials? Well, “yes and no,” reports the U.S. Census Bureau. Our children are better educated as a generation, yet more are living in poverty and they have lower rates of employment.
“Young Adults, Then and Now,” released last week by the Census Bureau, examines the nation’s current 73 million young adults, 18 to 34 years old, and compares them with the same age group in 1980. The report slices and dices demographic traits across 40 economic, housing and social topics.