More Multigenerational Families Cohabiting Due to Lack of Jobs
More Multigenerational Families Cohabiting Due to Lack of Jobs

Owing to job losses, more multigenerational families are opting to live together as "boomerang kids" go back home.

According to census statistics, in 2009, around 6.6 million U. S. households had at least three generations of family members, which is an increase of 30% since 2000.

Increase in multigenerational households is due to dearth of jobs, making several young adults known as "boomerang kids" to move back with their parents.

There is a recent indication that Hispanics and Asians are liable to live with extended family.

Elinor Ginzler, AARP's Senior Vice President for livable communities, said, "With the reality of 78 million baby boomers coming into an aging demographic, we need more housing choices for caregiving".

AARP’s study of census statistics reveals that Hawaii had the highest share of multigenerational households, while North Dakota was least likely to have many generations cohabiting.

The Pew and AARP studies also revealed that the most common multigenerational family is an older parent who posseses the house, living with an adult child and grandchild. Also, older women are more liable than older men to live in a multigenerational household.

The share of older adults in multigenerational homes accounts to around 20%.

Paul Taylor, co-author of the Pew report, said, "The Government will continue to provide a social safety net for older adults, but given today's demographic and economic realities, it's not clear that this public safety net will be as robust in the future as it is now".

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