Here’s a great graphic from the Baltimore Sun that shows in visual form the impact that the recession is having on young adults:
Unemployment rates for young adults
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…
Young adults "subsidized in the city"
In this Newsweek opinion piece, 25-year-old Melodie Serafino explores the question: Adulthood means financial independence. So why do so many of my peers still live off their parents? Her thoughts about subsidized rent, allowance, and…
Recession changes life plans for families
This great article from The Guardian examines some of the family effects of the ongoing economic challenges worldwide. Among them: fewer people having children, women taking shorter maternity leaves and, yes, more adult children living…