Capital Ideas™ 
Investment insights from Capital Group

Categories
Millennials
OMG. Millennials lifting strong labor market even higher
September 11, 2017

millenial job growth chart


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.


Learn more about
Millennials
Economic Indicators
Demographics & Culture

Our latest insights

RELATED INSIGHTS

Never miss an insight

The Capital Ideas newsletter delivers weekly insights straight to your inbox.

Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.
Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectuses and summary prospectuses, which can be obtained from a financial professional and should be read carefully before investing.
Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.
All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.
Use of this website is intended for U.S. residents only. Use of this website and materials is also subject to approval by your home office.
Capital Client Group, Inc.
This content, developed by Capital Group, home of American Funds, should not be used as a primary basis for investment decisions and is not intended to serve as impartial investment or fiduciary advice.

Statements attributed to an individual represent the opinions of that individual as of the date published and do not necessarily reflect the opinions of Capital Group or its affiliates. This information is intended to highlight issues and should not be considered advice, an endorsement or a recommendation.