How’s that hopey-changey stuff treating you?
Thanks to Obama’s failed economic policies the kids can’t find a job.
85% of college graduates are moving back in with mom and dad.
TIME mag reported:
The kids are coming home to roost.
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Surprise, surprise: Thanks to a high unemployment rate for new grads, many of those with diplomas fresh off the press are making a return to Mom and Dad’s place. In fact, according to a poll conducted by consulting firm Twentysomething Inc., some 85% of graduates will soon remember what Mom’s cooking tastes like.
Times are undeniably tough. Reports have placed the unemployment rate for the under-25 group as high as 54% . Many of these unemployed graduates are choosing to go into higher education in an attempt to wait out the job market, while others are going anywhere — and doing anything — for work. Meanwhile, moving back home helps with expenses and paying off student loans.