13% of parents in a new Pew poll say they've had an adult child move back in with them in the last 12 months.
1 in 10 young adults (between ages 18 and 34) say the poor economy has forced them to move back in with Mom and Dad. Another 12% say they've gotten roommates instead - anything to keep from moving in with Mom and Dad, I guess.
I spoke with a hiring expert not too long ago who told me that it will take members of Generation Y 10 years to get their careers back on track after this recession. He pointed to my generation, Generation X, as going through the same thing after the downturn of the early 1990s. I have to agree; the early to mid 1990s were tough for us Gen Xers. The dotcom boom made up for lost time -- for a little awhile, anyway.
But 10 years to get their careers going? Man, the Gen Yers could be living at home for awhile. Hey, parents: You might want to hold off on converting your child's bedroom into a guest room...
New Site, New Name, New Location
5 months ago

