According to the U.S. Bureau of Labor Statistics, the national unemployment rate for young adults over age 25 was 8.5% in August. Nine years ago, that rate was just 3%.
For younger adults, the situation is even worse. In August, the national unemployment rate for 18-19-year-olds was a full 25%.
With youth unemployment rates at these levels, it’s no wonder that so many young adults are living with their parents. For tips on how to make the situation more livable for your family, check out our free report on the 8 Most Dangerous Mistakes Parents Make When Their Adult Child Lives at Home by filling out the box on the top right of this page.