About 85 percent of college graduates in the United States move back in with their parents after graduating. Known as "boomerangers," most college graduates expect to only stay for the summer, but many end up living with their parents for a year or longer until they can find a job. The number of boomerangers in the U.S. rose significantly between the mid- and late 2000s, mostly because of the higher unemployment rate and a tougher economy.
More statistics on adult children:
- Italy is experiencing a rise in bamboccioni — children living with their parents — as well. More than 60 percent of Italians between the ages of 18 and 34 live at home with their parents.
- In the United Kingdom, boomerangers are known as KIPPERS — Kids In their Parents' Pockets Eroding Retirement Savings. Almost 7 million over-18s in the U.K. still live with their parents. Fewer than half of them pay any kind of rent, and many are given an allowance.
- In Canada, parents provide an average of about $4,000 US Dollars (USD) a year to their adult children.
More Info: www.census.gov
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