{"id":695859,"date":"2026-05-26T23:06:13","date_gmt":"2026-05-26T23:06:13","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/695859\/"},"modified":"2026-05-26T23:06:13","modified_gmt":"2026-05-26T23:06:13","slug":"as-grads-enter-tough-job-market-moving-home-makes-perfect-sense-experts-national","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/695859\/","title":{"rendered":"As grads enter tough job market, moving home \u2018makes perfect sense\u2019: experts – National"},"content":{"rendered":"

As many post-secondary graduates return home for the summer, many parents may find themselves with a full nest again as Canadian youth struggle with a\u00a0challenging job market.<\/a><\/p>\n

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This begs the question \u2014 is having your kids staying home into adulthood less a sign of a \u201cfailure to launch,\u201d as some used to call it, and more of a wise financial decision in 2026?<\/p>\n

\u201cThere really does seem to be a shift. It\u2019s an economic shift,\u201d says Ilona Doherty, managing director of the Youth and Innovation Project at the University of Waterloo.<\/p>\n

\u201cIt\u2019s harder to find jobs, but also the reality is that young people are in education for longer and longer, and we see a delay of a lot of the traditional markers of adulthood.\u201d<\/p>\n

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It\u2019s not a new trend either, as recent data from Statistics Canada<\/a> shows each generation with more people staying home for longer.<\/p>\n

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In 2021, 16.3 per cent of millennials between the ages of 25 and 39 were living with at least one parent. That\u2019s almost twice the figure as Baby Boomers living with their parents in 1991.<\/p>\n

\u201cStaying at home now is probably more desirable than it was certainly when I was younger because your living costs, especially when you\u2019re just getting out of school or you\u2019re just starting in your career, it\u2019s so much more expensive,\u201d says financial expert Clay Jarvis at NerdWallet Canada.<\/p>\n

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\u201cIt makes perfect sense that people would want to stay home and save that money.\u201c<\/p>\n

Living at home with parents, guardians, or roommates for little or no cost means being able to save money for investing, a down payment on a home, or paying off debt like student loans as examples.<\/p>\n

High inflation and housing costs mean it\u2019s never been harder for so many young people to reach their financial goals, unless they have an opportunity to get ahead.<\/p>\n

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\u201c[The trend has] been driven by the cost of living situation where it\u2019s just harder to, especially in some of the cities, it\u2019s really hard to move out, and that\u2019s interesting because it does raise a question about getting ahead and mobility,\u201d says sociology professor Scott Schieman at the University of Toronto.<\/p>\n

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\u201cWe always were proud of \u2018this generation is going to go beyond what their parents did\u2019 and then the previous parents, and a big chunk of that was getting out of the house, starting your own household, transitioning to serious adulthood.\u201d<\/p>\n

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Nowadays, it may make more financial sense to stay at home and save money where possible, especially because the alternative may mean putting off long-term savings goals or sinking further into debt.<\/p>\n

Doherty notes how the traditional idea that young people should move out of the house as soon as they\u2019re 18 is mostly a Western cultural trend that appears to be changing.<\/p>\n

\u201cThroughout human history\u2026kids living in their parents\u2019 home until they got married has been norm. Also in a lot of cultural communities, this never changed,\u201d she says.<\/p>\n

\u201cIt was really this Western construct of the nuclear family and of independence that happened for just this tiny blip in human history and now is sort of shifting back.\u201d<\/p>\n

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If society is moving to becoming more accepting of young Canadians living at home for longer, then current economic pressures facing them may be the catalyst.<\/p>\n

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\u201cI think today there is more of that rationalization around it being more acceptable because of the cost of living and the financial element, and wage is not necessarily keeping pace,\u201d says Schieman.<\/p>\n

But in order to maintain healthy relationships with parents and guardians alike, Jarvis says that it\u2019s important for young Canadians to have clearly established financial goals.<\/p>\n

\u201cI think it\u2019s good to talk to your kids about what their plans are, and how they plan to achieve those plans. And if they don\u2019t have a plan in place, well, you have these parents with years of experience supporting themselves and managing their finances,\u201d he says.<\/p>\n

\u201cYou can\u2019t just have a complete lack of a framework. I think it\u2019s good to have some sort of boundaries. Some sort of plans in mind so that a kid is working towards something.\u201d<\/p>\n

\n\t\t&copy 2026 Global News, a division of Corus Entertainment Inc.\t<\/p>\n","protected":false},"excerpt":{"rendered":"As many post-secondary graduates return home for the summer, many parents may find themselves with a full nest…\n","protected":false},"author":2,"featured_media":695860,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,1849,10262,46,12700,12051],"class_list":["post-695859","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-consumer","tag-cost-of-living","tag-economy","tag-summer-jobs","tag-youth-unemployment"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/695859","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=695859"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/695859\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/695860"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=695859"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=695859"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=695859"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}