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More Asian Americans Moved Home During the Recession

By Tim | Wednesday, August 8, 2012 | No Comments

News reports have already shown that Asian Americans were hit hardest by the “Great Recession,” but a new report based on census data, showed that among young adults (age 20 to 34) who moved home to live with their parents, Asian Americans ranked among the most likely to do so, with numbers that increased from 17% living with their parents in 1980 to 26% by the end of 2009. If you happened to be male, single and Asian American, you were most at risk for having moved back in with your parents. This is a phenomenon that showed up in my family as well. My twenty-something cousin found himself single and unemployed in the middle of the recession, and moved back in with his parents. He’s one of the lucky ones today though, having recently found a job and an apartment.

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