By JEANNINE AVERSA, AP Economics Writer Thu Jan 27, 7:50 am ET WASHINGTON – Employers will hire more workers this year, and the economy will grow faster than envisioned three months ago, according to an Associated Press survey that found growing optimism among leading economists. But unemployment will stay chronically high — nearly 9 percent...
Only 357,000 new households were created in 2010, a figure that amounted to a 63 year low. The number of new households fell sharply from the longer-term average of 1.3 million per year from 2003-2007.
More young Americans, in particular, have opted to move in with parents or double up with friends during a time of greater economic instability.
Source: Buffini & Company