Report: More young adults moving back home to save money
It appears the U.S. recession has taken its toll on young adults.
A new report from the U.S. 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 1 million between 2007 and 2010.
That brings the total number of adult children living at home up to nearly 16 million.
The report shows that nearly half of those people are between the ages of 25 and 34.