Fewer jobless per home
Posted May 20, 2012 in Press Releases
But doubled-up family living is still at a record high in Ohio
The Great Recession forced throngs of Ohioans to double up with family and friends, helping to fuel a dramatic increase in the number of multi-generational households.
But as their economic standing improves, many of the so-called “boomerang generation’’ may strike out on their own once again, fueling demand for housing and consumer goods and driving economic growth, experts say.
A recent statewide report suggests more families are beginning to send members out into the workplace, although the number of doubled-up families is still at an all-time high.
The percentage of U.S. households with at least one jobless family member dropped from a peak of 12.4 percent in 2010 to 11.5 percent in 2011, according to the Bureau of Labor Statistics. Meanwhile, the total number of households in that category fell from 9.7 million in 2010