Remember when we were young, a million years ago, and we couldn't wait to leave home and strike out on our own?
Two things have changed.
Our children can't find jobs.
Our children can find jobs, but they don’t like them.
My daughter is about to graduate college and is in the midst of applying for full-time work. I'm not worried. She's worked since high school, and she actually juggled two jobs plus internships and a full class load this final year. The idea of living at home repulses her because of my cooking and her father's rules, both great incentives to finding her own way in the world.
The good news is that more than half of recent college graduates say they have full-time jobs, according to Adecco's 2012 Graduation Survey.
Still, about that same number claims parents are covering some of their living expenses, things like cell phone bills, internet access, food, and health coverage. Two percent of these college grads say their parents are footing their entire living expenses. That's one in 50 kids (I think the real number is higher based on personal observation).
Some parents are not content to help pay the bills. They’re going to great lengths to help Junior get a job.