Hear, hear. Entry level opportunities are thin, and those that are there usually require significant pull (connections) to acquire.
My 23 year-old college graduate step-daughter is living in my home. But she's working...for $10 an hour in beginning-level retail. It'll take a bit of a boost in that to get her into her own apartment, but at least she's on the way.
My son graduated in May, landed a job in town before he graduated and is living at home while he builds up his savings a little. He really doesn’t start making real money for probably another month when his training is complete. He’s not in debt except for a small amount to his university and a small student loan. Besides, he mows the lawn and does other jobs around the house. His plan is to be out by next summer. I see nothing wrong with kids returning home upon graduation until they get on their feet. Besides, I enjoy his company.
I had a great job in the days before Obama. Then the economy tanked, my project got cancelled and I got laid off. Since then I’ve been working for myself. Haven’t collected a penny of unemployment. I didn’t vote for Obama, and yet I’m one of these ‘spoiled’ 20 year olds? I’m happy if my income reaches 5k a year.
I’d wager most of you boomers made that much in 1960.