*SMLR-Net, the source of selected news on labor and employment relations and human resource management.*
Title: Young U.S. Adults Flock to Parents’ Homes Amid Economy Date: Sept, 25, 2012 Source: Bloomberg News
*Author:* Kathy Warbelow and Frank Bass
*Summary:* The number of 26-year-olds living with parents has jumped almost 46 percent since 2007, according to Census Bureau data compiled by the University of Minnesota Population Center. Last year, the number of 18- to 30-year-olds living with their parents grew to 20.7 million, a 3.9 percent gain from 2010.
The figures underscore the difficulty that millions of young people have had in finding jobs and starting careers in the U.S. following the longest recession since the Great Depression. About a quarter of American adults between the ages of 18 and 30 now live with parents, while intergenerational households have reached the highest level in more than 50 years.
Rutgers is an equal access/equal opportunity institution. Individuals with disabilities are encouraged to direct suggestions, comments, or complaints concerning any accessibility issues with Rutgers websites to email@example.com or complete the Report Accessibility Barrier / Provide Feedback form.
Copyright ©2021, Rutgers, The State University of New Jersey. All rights reserved. Contact Webmaster