Only 1 in 5 new college grads reports having a job offer.

[LuckyLib]

Most are moving back home to "sort it out" -- the economy strikes young people in tough ways as well.

http://www.startribune.com/local/45221042.html?elr=KArksLckD8EQDUoaEyqyP4O:DW3ckUiD3aPc:_Yyc:aUUsZ

[SoCalDem]

1. Adding to the financial burden of their parents, who might have been looking forward

to an emptier nest, lower water bills, lower electric bills & once an under-25yr-old moves back, their auto insurance goes up..even if that person is not "on" their policy..

and a grown kid who cannot pay back their student loans will usually ask for "help" from Mom & Pop..

and this is all at the same time the parents' 401-ks may have taken a dive, and their own jobs might be in jeopardy..:scared:

[Sen. Walter Sobchak]

2. I have presented at a few grad recruting events recently

At one of them it was pretty much ourselves, DirecTV, the national guard and about a dozen sleazy temp staffing firms.

[roamer65]

3. Pretty soon it'll be 1 in 100.

This is a depression, not a recession.