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There is a light at the end of the tunnel, and it’s finally in reach for Millennials who’ve been bogged down for more than five years by the worst recession since WWII.

Feb 23 2015

There is a light at the end of the tunnel, and it’s finally in reach for Millennials who’ve been bogged down for more than five years by the worst recession since WWII. At 76.6% in January, employment rates for 25-to-34-year-olds are the highest they have been since 2008. In turn, Millennials’ incomes are rising, which could lead to more venturing out to live on their own. Those with bachelor’s degrees are experiencing the largest gains, with wage growth averaging 4% in 2014 for 21-to-25-year-olds compared to 2% for those at the same age without a college degree—though those with college degrees are likely to also have college debt that their income will be used to pay off. (Bloomberg)