An LA Times report says more Americans than ever live in multigenerational households, and the number of millennials who live with their parents is rising sharply.
A record 57 million Americans, or 18.1% of the population, lived in multigenerational arrangements in 2012, according to the Pew Research Center. That's more than double the 28 million people who lived in such households in 1980, the center said.
A multigenerational family is defined as one with two or more generations of adults living together.
It’s the Obama economy.
The sluggish job market and other factors have propelled the rise in millennials living in their childhood bedrooms.