Millennials are working but still get help with bills

Sam Matthews

Daily Digit is the story behind the numbers that make our world work. Today we’re looking at everyone’s favorite generation to criticize: millennials. According to a new study, 24.1 percent of millennials with full-time jobs get financial assistance from their parents to pay bills. However, a little help making ends meet may be a symptom of a much bigger problem. While unemployment has dropped dramatically since the height of the recession, millennials hold a bleak view on job security and 55 percent say they aren’t engaged in their work. Over the last 10 years, millennials have changed jobs at a much higher rate than other generations at the same point in their careers. Gallup estimates that high turnover among millennials in the workplace costs the U.S. economy $30.5 billion per year — so there’s more to the story than avocado toast and music festivals.