Unemployment is a major factor:
Today, 65% of young adults are employed, down from 69% in 1980. The prior generation was also more likely to find themselves serving in the army: about 9% of the 18-to-34-year-olds were veterans in the 1980; today that number is just 2%.The bureau’s survey also confirmed that more young people are going to college. Twenty-two percent of young adults have a college degree today, compared with just 16 percent of their 1980s counterparts.
Their expensive degrees – since 1978 the price of college has rocketed up 1,120%– unfortunately do not guarantee employment, not even in their chosen fields. The underemployment rate for 2013 college graduates was 18.3%, up from 9.9% in 2007.
As millennials struggle with student loans and finding jobs within their preferred professions, they are putting off some of the other milestones of adulthood, such as marriage: only three in 10 millennials have ever been married. In the 1980s, people ages 18 to 34 were getting married at twice that rate.
from here
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