This week, the New York Times explores the increasing number of 20- and 30-somethings living with their parents:
In 1980, 11 percent of 25-to-34-year-olds were living in multi-generational households. By 2008, 20 percent were.These sons and daughters of baby boomers living with their parents again have been labeled boomerangers.
The biggest increases were registered in these categories: nonwhite, foreign-born young men who had never been married, and college graduates. …
Last year, 37 percent of 18-to-29-year-olds were unemployed or no longer looking for work. Ten percent of young adults, ages 18 to 34, said in the Pew survey they had moved back with their parents because of the recession. Two in 10 are full-time students, a quarter are unemployed, and about a third said they had lived on their own before returning home.
Commentary from CUNY sociologist:
“As the great recession has deepened and the job market has become tighter and tighter for young people, most especially those from minority backgrounds, more and more return or never leave the parental nest,” said Prof. Andrew A. Beveridge, a sociologist at Queens College of the City University of New York. “If such a trend continues or deepens, the economic crisis may be creating a true ‘Failure to Launch’ generation.”
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