More millennials are living with their parents

More millennials are living with their families despite gains in the job market, according to a Pew Research Center analysis released Wednesday.

In the first four months of this year, 26 percent of 18-to-34-year-olds lived with their parents. That’s up from the 24 percent of young adults who were living with their parents at the beginning of the economic recovery in 2010.

{mosads}When the recession first hit in 2007, 22 percent of millennials lived with their parents, Pew said.

For the first third of 2015, just over two-thirds of 18-to-34-year-olds were living independently. In 2010, 69 percent of them lived independently.

Pew noted there has been little change in the number of young adults establishing their own households even though the economy has strengthened.

The national unemployment rate for millennials dropped to 7.7 percent in the first four months of this year, down from 12.4 percent who were unemployed in 2010, the analysis said. Median weekly salaries, Pew added, have gone up for that age group from $547 in 2012 to $574 through the first few months of this year.

The analysis was based on the monthly Current Population Survey conducted jointly by the U.S. Census Bureau and the Bureau of Labor Statistics.