Morning Business Report: More Young Adults Move Back Home as Weak Job Market Pressures Recent Graduates
National Bureau of Economic Research data show more than 25% of graduates ages 23 to 27 are living with parents as weak hiring limits options.
7 Articles
7 Articles
CCOO underlines that the labor advances of recent years, both in wages and in employment and in temporality, do not translate into greater autonomy due to the housing crisis The price of housing continues to rise: it increases by 12% after 11 years upwards The wages of young people are the ones that are increasing the most in recent years. Not only that: it is also one of the groups that is seeing employment increase and that has reduced the wei…
More than 25% of young adults living with parents due to weak job market
Monday's business headlines cover international trade tensions involving Iran, rising domestic trends of young adults moving home, Paramount Skydance's theatrical release agreement, Verizon's restoration of services after vandalism, and a surge in the S&P 500 despite a weak jobs report.
French aeronautics foresees more than 100,000 recruitments by 2030, while the country only trains about 35 000 to 40 000 engineers a year, all of which are specialized. Companies multiply initiatives to attract young graduates... and convince them to choose this sector.
Morning Business Report: More young adults move back home as weak job market pressures recent graduates
(NBC)- Young adults across the country are moving back in with their parents at levels not seen since the COVID-19 pandemic. According to The New York Times, citing economic research data, more than 25% of recent graduates ages 23 to 27 are living with their parents again. Research suggests the trend is being fueled in part by a weak entry-level job market, making it more difficult for young adults to establish themselves financially after gradu…
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