Posted on 02/07/2014 8:36:00 AM PST by AT7Saluki
The survey followed 13,000 high school students who were sophomores in 2002, and checked in with them in 2012 to see where are they now. Some of the results are:
-10% living with roommate(s), prompting fellow millennial Katy Waldman to write an embarrassing Slate article bearing the headline, "More 27-Year-Olds Live With Parents Than Roommates"
-53.8 percent made less than $25,000 from employment in 2011
-40% had been unemployed for one or more months since January 2009
-13% reported they were neither working for pay nor taking postsecondary courses
-60.2 % of those who had enrolled in college, reported they had taken out student loans
(Excerpt) Read more at breitbart.com ...
No problem, put on your onesie pajamas, get a mug of hot chocolate, and wait for instructions from dear leader. I feel sorry for the ones who didn’t vote for Obama. The ones that did can marinate in their misery.
Pathetic at best. I left part time at 16, full time at 17 was married at 18 (NO.. first kid came 5 years later) with my first house I bought through FHA and made every damn payment.. back in 73.
Let’s put some demographics to that study.
Let's just move all that welfare money over to the defense department. If there are no wars, these people can dig fox holes all day and the second shift can fill them up again.
I guarantee that if you instituted this plan, youth unemployment would reach near zero.
no thanks. the draft is wrong and I don’t want chick playing army as pretend grunts.
Its seems that we are following them and its not portrayed or hidden because of Obama.
Speaking as a career military officer, I don’t want those kids in the infantry. The volunteers are bad enough in half the cases. There’s no shame living with your parents with the stipulation that you’re working and paying rent. My older parents were very happy to have my sister living with them for 8 years after she graduated college. She worked full-time and paid rent and helped around the house. She saved a lot of money, is now married with a child and they had money to put towards their house. Not everything can be painted with a broad brush.
Exactly. You stole my thunder.
Most young people may want to live on their own, but sometimes they have no choice. I know married couples who’ve had to move in with parents (due to job loss, illness, etc.). Also, it’s a matter of tradition - in some families, continuing to live with your parents and siblings is not viewed as shameful. In the old days, that’s how people were able to save money and get back on their feet.
Some of my relatives continued to live with their folks into their older years. They worked and brought in money, often more money than their parents earned, and helped them pay the bills. I lived with my folks until age 24. I worked sometimes two jobs and was able to build up a nice nest egg. My mistake was marrying someone who wanted to live on his own starting at age 18 and never saved money.
So you are saying that we are awash with jobs? Who will hire all of these people?
With economic conditions, many retirees are moving in with their kids. Better solution than assisted living.
If they live in Colorado, why would they need to leave.
I’m sure there is a 26 year old right now in Colorado getting high in their parents basement.
:) i lived at home until i was 24... had a very good paying job (started at $24,000 a year back in 1988 when i finished college at 23 years old)... paid rent even though my parents didn't want it... bought my first house as a single woman at the age of 25... i had started saving my money since the age of 13 when i got my first job working for a teacher after school... did that for two years making $2-$4 dollars an hour... that was good money for a 13-14 year old back in the mid-late 70s...
Well if they didn’t live with their parents then how are they going to afford pot?
When I was young and unemployment was in double digits under Carter, I was able to find employment doing jobs that Americans won’t do anymore.
I’ve been unemployed about 6 months in my entire life. During those 6 months I collected unemployment and looked for jobs down at the beach (where there weren’t any) until my unemployment ran out. I got a job the next day.
Unemployment benefits are a deterrent to serious job hunting. The threat of homelessness and starvation are great motivators.
I went into the military when I got out of high school and after my four years, I lived in an apartment. It was tough going for several years. Lived mostly on Kraft Mac & Cheese (5 boxes for $1) and had minimal belongings. However, it motivated me to get ahead in my job - which at the time was seen as a "dead-end" job that so many people today are afraid to take. After several promotions, I got into management and now have a Regional VP role today making well into six figures. No college education either.
I am confident I would not be where I am today had I gone back to live with my parents. I would have paid rent to my parents but it wouldn't be "market" rate and I'd get too used to having extra money to go to restaurants, get stereo equipment and get a new car. Which I could not do living alone because I would have gone hungry!
I know it's not easy being on your own when you are a young adult but I feel it is beneficial in the long run. Even today, I worry about losing my job and I'm always motivated to go higher up the ladder to secure my hard-won economic status.
Just wait till the depopulation stats become evident showing the failure to establish new households by today’s 20-40 yr. olds. In a future with far fewer children, there will be no need for more schools and more teachers. There will be fewer taxpayers to pay for Medicare and Medicaid, shortening the life spans of these expensive programs. Cities will definitely feel the pinch of shrinking populations.
This depopulation bomb is a major reason that advocates of Big Government want a flood of new immigrants to help pay the accumulated debt of our profligate government programs.
“I weep for our future.”
These numbers are absolutely mind-boggling. I have immediate concerns, but what this is going to the future is genuinely serious - and I have absolutely no idea how this can be “fixed”. Time IS money (this is NOT just a trite old adage), and these people have lost a lot of most valuable time.
“This depopulation bomb is a major reason that advocates of Big Government want a flood of new immigrants to help pay the accumulated debt of our profligate government programs.”
This does ring true. The most powerful force on Earth is not an army or weapons - it’s demographics.
“-53.8 percent made less than $25,000 from employment in 2011 “
I believe I made a bit more than that about 30 years earlier, and I don’t think that I lived fabulously well.
Just Wow.
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