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30% of 21 to 34 year-olds now live back with Mom & Dad

mpd

Lammen Gorthaur
Veteran
WTF happened? Is it a sign of the times that this generation has failed to launch or what?
 

krunchbubble

Dear Haters, I Have So Much More For You To Be Mad
Veteran
WTF happened? Is it a sign of the times that this generation has failed to launch or what?


YUP!!!

seems like most my friends are back home, who don't grow or have a decent job($20hr)...

have a friend who is a high school teacher, moving back into her dad's house next week....

really hard in the Bay Area to maintain a decent place to live with super high rent and living costs, and the gas price increasing so much does not help....

minimum wage is close to $8 a hour i think, houses are minimum $1800 around here....
 

fabvariousk

Active member
Veteran
I love it when baby boomers look at figures like that and feel like they were so much more together than kids of today. Completely disregarding that it was there greed and ignorance that created this un winnable game that young adults now face.
 

whodare

Active member
Veteran
If it weren't for this amazing hobby I know I would be lol

Sure as hell know I wouldn't have a job even if I wanted one or there were any...
 

stihgnobevoli

Active member
Veteran
yep lots of people living with roommates or back home. yeah a lot of it is the past generations fucking it up with the rampant greed and corruption. now we have it where it's normal for people to have all their credit cards maxed out, working 2 jobs and still living paycheck to paycheck. with a payday loan for those emergency situations.

Santorum/Perry 2012

/sarcasm
 

krunchbubble

Dear Haters, I Have So Much More For You To Be Mad
Veteran
several years ago, i was making $19.75 plus overtime.....

barely would clear $1700 a month.....

imagine making that much cash, and cant find a house to live in....
 

Bobby Stainless

"Ill let you try my Wu-Tang style"
Veteran
Different time.

Lots of people out there want jobs. In reality, unemployment is really around 17-20%.

I get calls weekly, asking if I am hiring.
 

Yes4Prop215

Active member
Veteran
i seriously have no idea how some of these folks afford bay area living...2bdroom apartments for 2500 bucks a month! most of my friends from high school live at home with their parents, or live in crowded shitty apartments that still run over 600 bucks a bedroom..

i worked retail and made 11 bucks an hour, barely cleared 2k a month, spent 700 on a shitty apartment with a roomate, those days sucked..


nowadays we take penitentiary chances to live comfortable....mary has saved alot of us from poverty, imagine what would happen if the entire market crashed and we couldnt make money off marijuana, housing prices would crash, entire local business economies would go bankrupt....etc..
 

funkervogt

donut engineer
Veteran
I get calls all the time, too, and I don't advertise jobs (or even infer that I need new people).

When I was in school, I went the engineering route while my friends all got humanities degrees and laughed at how hard I worked. I could say "who's laughing now?" but in reality it just means fewer people who know what the fuck they're doing, less industry, and consequently, less work for me.

Anyway, this is pretty normal in any other country but the US. I lay the blame on baby boomers telling their kids that they can "do whatever they want to do" in school. My brother (in college) recently asked me this question. My answer? "Get breadth for sure, but get something technical under your belt as well. It will be tougher than your humanities classes, but you'll never go hungry."

To any college undergrads reading this: quit your humanities major now and get something in engineering/math/comp sci/chemistry/practical biology. If you can't handle that, drop out. You'll save yourself time and money. What we don't need is yet *another* sad sack marketing major with no practical skills and expectation of a 6-figure salary. Get real. Grab your balls and get out a calculator, or get used to saying "would you like fries with that?".
 

krunchbubble

Dear Haters, I Have So Much More For You To Be Mad
Veteran
i KNOW everyone has seen the Western college, Heald, ITT and all those bullshit schools on TV...

Costs, $16k, but after you go through there payment plan, its closer to $40k...

have to pay that shit back, BUT WAIT!!!!

those schools pump out 20k people a year into the already completely filled job fields....

so, people trying to better themselves, going to school and getting a degree, gets fucked with NO LUBE!!!

viscous cycle....

i want to go to school, but in reality, is it worth it?

my boy who has a BS and AS degree in electrical engineering, works at a place that does pee tests, he make $9 a hour...
 

Capt.Ahab

Feeding the ducks with a bun.
Veteran
None of mine live at home and they all fit into that age bracket. They are all welcome back if need be. One thing Ive always told them is that they are always welcome back home.
Times are tough. Like Bobby Stainless mentioned , I have people coming in every week , calling, emailing all looking for work. If times were busier I would be glad to hire some of them. There are some really good people looking for work out there.
I feel bad for lots of them and truly mean it when I say Im sorry but times just dont justify hiring more people right now.
 

Gooey

Member
wont happen, to many international treaties we are party to that we will not break...thankfully...my vote as to why is the fact that the minimum wage was not adjusted for many many years, causing a situation were people working entry leval cant afford to pay their own rent...i know alot of people at home making shitty wages, o and the fact that ceos take all the money these days instead of there actually being a real middle class, i could go on but its a complex issue, but remeber we are a young nation, we have not yet hit our most trying times imho.
 

serious6

Member
the British Columbia prov. govt finally raised min. wage being the last to do so where once were the leader. they also got rid of the 600 hr entry level hire @ 6.00.

social assistance here is $7.00 a day and $375.00 a cal. month for shelter - single rate. Disability rates are a joke too; im on it.
 

pearlemae

May your race always be in your favor
Veteran
I'd say that its not a failure of the younger folks to launch. It's more a case of, you come out of college with more debt than should be carried Hell I know some kids owe as much as a house payment. The job market sucks, old people that should be retiring aren't, every time that old person stays, it's one less entry level job, and no one moves up the corporate ladder. So blame it on the economy the times rebulicants,etc. but I have a hard time believing the kids just want to stay home. It would have been hard to get laid living in my mothers house, she was old school when it came to that. No marriage no fooling around in my house, and its my house my rules. Thats one reason I moved out but that was like 40 years ago I got 220/month on the GI bill and paid my rent tuition and all that and didn't have to work unless I wanted to. Now Fat FOOkin chance. I feel sorry for the younger set. But they have way better technology at 20 than I did.
 

funkervogt

donut engineer
Veteran
More truthiness (this is a constructive thread): most work of the past has been automated. Our population is growing and amount of work needed is shrinking. What that means is that the people who make the money (owners, investors) now enjoy higher margins because the work requires fewer people.
 
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