Recession, Young Adult | featured news

Across the country, tens of thousands of unemployed young people, many with college credits or work histories, are struggling to house themselves in the wake of the recession.

More than a third of young adults live in someone else's home, a segment that has grown dramatically since the recession began in 2007 but is starting to inch down -- a hint of an improving economy.

Call it the recession's lost generation. In record numbers, they're struggling to find work, shunning long-distance moves to live with mom and dad, delaying marriage and raising kids out of wedlock, if they're becoming parents at all. The unemployment rate for them is the highest since World War II, and they risk living in poverty more than others - nearly 1 in 5.