In Help Us! Our kids need jobs outlines the story of more and more adult kids, with degrees in many cases, living at home with their parents, unable to find a job. Parents are asking employers to help their kids.
So, do these employers help their kids? Hell no. They give them outplacement services, which is a bunch of advice, but no job!
Other parents are asking their companies’ employee-assistance providers for job-finding help for their kids. ComPsych, Chicago, is fielding a growing number of requests from parents seeking outplacement services for young adult children, a spokeswoman says. While ComPsych doesn’t offer those services in such cases, it does provide financial planning and counseling help.
But what is interesting is the age group 18-34, 34% of all children are living with their parents.
According to 2008 Census figures, 20 million people ages 18 to 34 live at home with their parents -- 30 percent of that age group. Researchers for the Network on Transitions to Adulthood, a group financed by the John D. and Catherine T. MacArthur Foundation, found that since the 1970s, the number of twentysomethings living with their parents has increased by 50 percent. Of those who moved out of the house by age 22, 16 percent returned home before they hit 35, the researchers found.
What about the people with crappy parents, or no parents?