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Record Numbers of Young Adults Living with Older Family Members
Certain groups have suffered more from the "Obama Recovery" than others, starting with younger adults. A recent article found that currently, America is experiencing the highest-ever level of young adults living with older family members:
This is not a situation that young adults – or their parents – want. The desire to own a home is still very prevalent among young adults. But with a depressingly slow “recovery” in jobs and continued disappointing wages for those who can find work, many simply cannot afford it. One thing is certain: the kids are not alright. ### |