Posted: 06/21/2012
CINCINNATI - It appears the U.S. recession has taken its toll on young adults.
A new report from the Census Bureau shows more adult children are moving back home to save money.
In fact, the agency says the number of people living with their parents increased by 1.2 million between 2007 and 2010.
That brings the total number of adult children living at home up to nearly 16 million.
And the report shows that nearly half of those people are between the ages of 25 and 34.
Copyright 2012 Scripps Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
National News
A Republican member of the Arizona House who supports GOP Gov. Jan Brewer's push to expand Medicaid received an obscene and threatening voicemail at her office, a sign that the rancorous debate over embracing a signature component of President Barack Obama's health care overhaul in the state is far from over.
Top Stories
A Republican member of the Arizona House who supports GOP Gov. Jan Brewer's push to expand Medicaid received an obscene and threatening voicemail at her office, a sign that the rancorous debate over embracing a signature component of President Barack Obama's health care overhaul in the state is far from over.