Wednesday, November 25, 2009

More Young Americans Move In With Their Parents


By Justin Charity
The Pew Research Center is in the holiday spirit; today they published results of a recent survey showing that Thanksgiving travel will prove convenient for millions of young Americans this year since so many of them have already been forced to move back in with their parents:

A recent survey by the Pew Research Center finds that 13% of parents with grown children say one of their adult sons or daughters has moved back home in the past year. Social scientists call them "boomerangers" -- young adults who move in with parents after living away from home. This recession has produced a bumper crop.

Census Bureau data confirm that proportionately fewer young singles are living solo now than before the recession. Overall, the proportion of adults ages 18 to 29 who live alone declined from 7.9% in 2007 to 7.3% in 2009. Similar drops in the proportion of young people who live by themselves occurred during or immediately after the recessions of 1982 and 2001.

The current decline has been particularly steep among young women; the proportion who live by themselves fell by a full percentage point to 6.1%. Among young men, the share living on their own fell 0.2 percentage points to 8.4%, a statistically insignificant change.

Still more disheartening:

Among 16- to 24-year-olds, less than half, or 46.1 percent, are currently employed, the smallest share since the government began collecting such data in 1948. At the same time, a record high of about 11.5 million Americans ages 18 to 24, or nearly 40 percent, attended college in October 2008.

If you're young and heading home to suffer through yet another awkward, vulgar Thanksgiving dinner with your parents, at least you can be thankful that you don't live with them every day of your life anymore.

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