Thursday, May 5, 2011

Boomers and Boomerang Children...The Stats

How do you handle your adult children returning home? This was a question e-mailed to me by one of my loyal followers, Susan from Oviedo, Florida

Susan be reassured that you are not alone in this problem. Whether it is due to a lost job, inability to land a job out of college, discharge from the military, or a foreclosure, the results are the same. Adult children are moving back in with their parents at an unprecedented rate. These children are referred to as boomerang kids. A recent survey by Pew Research Center reports that 13% of parents with adult children has one or more of them living in their home. Monster's 2009 Annual Entry Level Job Outlook reported that 40% of the 2008 graduates and 42% of the 2006 graduates live in their parents homes.

Problems occur with these new living arrangements because parents continue to treat these adult children as if they were children and the adult children do not take on any adult responsibilities when it comes to the house but expect to be treated as an adult. My next post will talk about how you can avoid these pitfalls and make this arrangement a win-win situation for all parties.

Thanks for the question Susan. I hope my response helped you. If you have a topic or question you'd like me to address, please e-mail me at parentsharing@aol.com.

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