Blank Street Coffee Employees Unionize

Dec 13, 2022

∙ Paid

Goooood morning.

Record numbers of young adults living at home with their parents are helping drive the boom for luxury goods. Recent US Census data shows that nearly half of all young adults ages 18 to 29 are living with their parents — the highest level since 1940 (sick..). “When young adults free up their budget for daily necessities (e.g. rent and grocery), they simply have more disposable income to be allocated to discretionary spending,” the Morgan Stanley report said.

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