'Young people may omit the financial help from their parents,' says the report, 'such as a down payment for a mortgage or help paying the rent or other bills, when reporting their income. Though young women have gotten a raise, they still only earn a median income of $29,000, which is $11,000 less than the median income of their male counterparts.ДЄbout a third of those between the ages of 18 and 34 rely on their parents for financial assistance, and that share may actually be larger, as 'financial independence' means different things to different people. Over the same period, the number of young men earning between $30,000 and $59,000 fell to just over a third, from nearly half.Д«ut while women's fortunes have increased while men's have declined, the genders haven't reached parity. Now, about 41 percent of young men make less than $30,000. In 1975, a quarter of young men between the ages of 25 and 34 earned less than $30,000 per year in 2015 dollars. Over the same period, the fraction of young women between the ages of 25 and 34 serving as homemakers fell from 43 percent to 14 percent. Now that share is above two-thirds.ДЇurther, forty years ago essentially all of the women out of the labor force were occupied as homemakers, and now that percentage is less than half.

In 1975, just under 50 percent of young women were employed. More young people are employed full-time overall, but women have been the 'driving force' behind that growth. 'What is clear,' notes the report, 'is that most Americans believe young people should accomplish economic milestones before starting a family.'ДЇor young adults in the labor force, success varies One might argue those aged 21 and 22 are being set up to fail. Still, we're not totally sure what the age of maturity isДЄ majority of Americans believe individuals should finish school and be employed full-time by a median age of 22, but when asked when individuals should become financially independent, a majority of Americans responded with a median age of 21.

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