More Than Half Of Gen Z Lives With Parents Under Soaring Inflation

Gen Z is remaining home longer than past generations under inflation and Covid.
NEW YORK, NEW YORK - AUGUST 26: Traders work on the floor of the New York Stock Exchange (NYSE) on August 26, 2022 in New York City. The Dow Jones Industrial Average dropped more than 1000 points following a speech by federal Reserve Chairman Jerome Powell that the Fed will again raise interest rates as inflation continues to drag on the American economy. (Photo by Spencer Platt/Getty Images)

At a glance

  • A poll released Tuesday conducted by The Harris Poll and commissioned by DailyPay found 54% of Gen Zers ages 18-25 are living with their folks.
  • “Between COVID, inflation and a looming recession, Gen Z has kicked off adulthood in the most uncertain of times,” said Jeanniey Walden, chief innovation and marketing officer at DailyPay. “So it’s no surprise that many say current economic conditions are keeping them living at home and/or worrying about paying bills on time.”
  • Inflation continues at 8% after two years under the Biden administration.

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