Wednesday, July 2, 2014
"CHANGE" - 36% of the nation’s young adults ages 18 to 31 living with their parents.
"CHANGE" - 36% of the nation’s young adults ages 18 to 31 living with their parents. HT: InfidelBloggers. By Epaminondas.
But wait IT gets better.......
A Rising Share of Young Adults Live in Their Parents’ Home 36% of the nation’s young adults ages 18 to 31—the so-called Millennial generation—were living in their parents’ home, according to a new Pew Research Center analysis of U.S. Census Bureau data. This is the highest share in at least four decades and represents a slow but steady increase over the 32% of their same-aged counterparts who were living at home prior to the Great Recession in 2007 and the 34% doing so when it officially ended in 2009.
but, but but… NRO
Study: All Employment Growth Since 2000 Went to Immigrants According to a major new report from the Center for Immigration Studies (CIS), net employment growth in the United States since 2000 has gone entirely to immigrants, legal and illegal.
Using data from the Bureau of Labor Statistics, CIS scholars Steven A. Camarota and Karen Zeigler found that there were 127,000 fewer working-age natives holding a job in the first quarter of 2014 than in 2000, while the number of immigrants with a job was 5.7 million above the 2000 level.
The rapidity with which immigrants recovered from the Great Recession, as well as the fact that they held a disproportionate share of jobs relative to their share of population growth before the recession, help to explain their findings, the authors report. In addition, native-born Americans and immigrants were affected differently by the recession.
Camarota and Zeigler report three conclusions:
First, the long-term decline in the employment for natives across age and education levels is a clear indication that there is no general labor shortage, which is a primary justification for the large increases in immigration (skilled and unskilled) in the Schumer-Rubio bill and similar House proposals.
Second, the decline in work among the native-born over the last 14 years of high immigration is consistent with research showing that immigration reduces employment for natives.
Third, the trends since 2000 challenge the argument that immigration on balance increases job opportunities for natives. Over 17 million immigrants arrived in the country in the last 14 years, yet native employment has deteriorated significantly.
The Center for Immigration Studies is a non-profit research institute. Founded in 1985, the organization is regularly consulted by policymakers, the academic community, and the media on matters of immigration policy.
Now I am not saying stop immigration (LEGAL), I am saying there is something FUNDAMENTALLY WRONG both with the economy and with the way we measure the economy.
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