Millennials are getting to work. A strong labor market has been one constant in the U.S. expansion, but improving job growth for 25-34 year olds is reason for even more optimism. As the largest age group in the country, this generation could support future economic growth through higher consumer spending if the trend continues. This could also help reverse the decline in homeownership rates if better job prospects make housing more affordable to first time home buyers.
Want More Insight Into How Millennials Are Preparing for Their Financial Future?
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