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With the job market as bad as it is in so many parts of the country, who can blame them? I had to move back in with my parents briefly at the beginning of the Summer. A job opened up for me out in Colorado so I moved and didn't have to stay there long, but if that opportunity didn't arise then I would still be living there. And my parents live in Florida so that is one hell of a move to make. Something that drastic shouldn't be required to find a job that can pay rent.
If jobs were available where I'm from, I may have been still living at home, but being from Tennessee where there are no jobs, I've had to move to the Midwest, twice, to find stable employment. It really sucks if you're from a dead area.
Well... this millennial is 20, has $22000 in savings, investment, and cash, goes to a university for $2000 a semester (parent's pay the other $2000 and $1500 in scholarship) and lives at home. Things wouldn't be like this for me if I didn't live at home. After college, I should be set to move out.
But you know that whole saving early thing we heard? Staying at home = saving early.
There's nothing wrong with living at home during college. You are doing the right thing.
We are hiring. Except like I saw at all my kids math competitions 70% of the top 10 are indian, chinese or pakistani. Soooooooo, the outlook looks a whole lot more bleak depending on what social circles you run in.
Seriously, when was the last time you saw an American kid (regardless of race) put 20+ hours a week into sprots? Probably all the time.
When was the last time you saw one of the new immigrants or otherwise driven US kids put int 20+ hours a week in math, science and so forth?
But don't worry we have lots of complaints that Google having too many asians is racist while I pull up an NFL game and see half the field black.
I guess the NFL is just raicst and needs sactions and reforms eh?b
P,.S. The whole racist discussion is getting to the point in this country that if the Jamaican Bobsled team had instead been out of Florida....that their failure to do well against white nordic teams would be classified as a "disparate impact" and thus racism. SIgh.
Hold it. Since when did I bring up anything about race? I was not even talking about that. I was talking specifically about "who you know". I know some people who got the STEM degrees and still had issues finding work.
An entire generation of people has to put off major life decisions until things improve. Inflation adjusted net worth per household is off 30% from what it was 12 years ago (much of this due to stagnant housing market), and student loan debt is climbing to catastrophically high levels.
Could this be the lost decade for the United States?
I suspect that the lack of upward mobility in this sorry economy is why these minimum wage arguments are gaining traction in at least a few areas.
Include, lax immigration laws allowing tens of thousands to come here to compete for jobs, and watering down wages. Colleges and universities discovered years ago, allowing foreign students in was a keen way of artificially increasing the cost of tuition out of step with inflation. It also allowed white collar firms to lobby rationale for the H1B visa allowing companies to hire foreign students for slave wages over American citizen graduates. When unemployment is high, wages are stagnant; there is nothing worse than letting in more immigrants on top of a bad economy, and doing nothing about he ones that come here illegally.
There's nothing wrong with living at home during college. You are doing the right thing.
The topic at hand is boomerang children.
Yeah, that's a different story. I guess if they and the parents get along it's none of my business.
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