MOVING BACK HOME AFTER COLLEGE? ALL YOUR FRIENDS ARE DOING IT

Summary from the TLDR Marketing newsletter

More young college graduates are moving back home as entry-level job prospects weaken and housing costs remain high. More than 25% of college graduates ages 23-27 lived with their parents last year, up from about 18% in 2001. Recent graduate unemployment reached 5.7% in Q2, compared with a much slower rise in overall unemployment. The trend is also becoming more socially accepted as more young adults use living at home to reduce expenses and take more time to find the right job.