Even more millennials are living at home

underwritingsolutionsllc:

My millennial offspring are NOT living with me.

Originally posted on Fortune:

Young adults aren’t doing much to buck the millennials-live-in-their-parents’-basement stereotype; even an improved job market isn’t prompting them to fly the nest.

New analysis of U.S. Census data by the Pew Research Center reveals that 18- to 34-year olds are less likely to be living on their own today than they were during the Great Recession.

Unemployment among young adults has shrunk from 12.4% in 2010 to 7.7% early 2015, yet the share of millennials living independently has decreased in that time, from 69% in 2010 to 67% this year. The share of young adults living with their parents has increased in that same period from 24% to 26%.

The decline in the number of millennials living away from family reflects the decrease in independent living during the financial crisis. In the first third of this year, approximately 42.2 million millennials lived independently. In 2007 prior to the recession, about…

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Ashley Madison, the totally “discreet” site for extramarital affairs, has been hacked

Originally posted on Quartz:

Ashley Madison—the dating website whose tag line reads, “Life is short. Have an affair”—finds itself in an awkward position after hackers managed to steal users’ data. That includes “customers’ secret sexual fantasies and matching credit card transactions,” according to the BBC.

Ashley Madison, which promises a “100% discreet service”, has over 30 million users worldwide. The site has apologized “for this unprovoked and criminal intrusion into our customers’ information.” Avid Life Media, the platform’s parent company which also owns sites such as Cougar Life and Established Men, goes on to say that they “have been able to secure our sites, and close the unauthorized access points.”

The hackers, who call themselves Impact Team, claim to have to retrieved the identities and contact details of the site’s users and have published the information online. “The hackers leaked maps of internal company servers, employee network account information, company bank account data, and salary information,” cybersecurity expert Brian Krebs said

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