POSTED: Friday, June 22, 2012 - 8:04am
UPDATED: Friday, June 22, 2012 - 8:05am
El Paso, TX — It appears the recession in the United States has taken its toll on young adults. A new report from the Census Bureau shows more adult children are moving back home to save money.
In fact, the agency says the number of people living with their parents increased by one-point-two million between 2007 and 20-10.
That brings the total number of adult children living at home up to nearly 16 million and the report shows that nearly half of those people are between the ages of 25 and 34.