Middle-Aged Breadwinners Become Part Of The 'Sandwich Generation' | WAMU 88.5 - American University Radio

NPR : News

Filed Under:

Middle-Aged Breadwinners Become Part Of The 'Sandwich Generation'

If you're the economic pillar for both your kids and your parents, you're not alone.

One-in-seven adults financially support both their parents and their kids at the same time, according to a Pew Research study released Wednesday.

What's the main reason behind this? Researchers say grown children who are "struggling to achieve financial independence" have become part of their parent's financial responsibility. The study cites the Great Recession and low employment figures as factors for young adults' unsuccessful job retainment. (A 2012 study noted youths were often underemployed, still living at home and had it harder than their parents.)

The "sandwich generation," as the study calls the breadwinners, is mostly composed of middle-aged adults reaching into their pockets to help out a parent, 65 or older, while they support a dependent child.

Hispanics are more likely than blacks and whites to be part of this demographic. The study notes 21 percent of Latinos are providing assistance to a parent and supporting a child. That's compared to 8 percent of blacks and 5 percent of whites.

The figure for the growing trend bumped up 2 percentage points from 2005, for a total of 15 percent.

(Brian De Los Santos is an intern on NPR's Digital News unit.)

Copyright 2013 NPR. To see more, visit http://www.npr.org/.

NPR

How'd A Cartoonist Sell His First Drawing? It Only Took 610 Tries

Tom Toro was a directionless 20-something film school dropout. Then, after an inspired moment at a used book sale, he started submitting drawings to The New Yorker ... and collecting rejection slips.
NPR

Will Environmentalists Fall For Faux Fish Made From Plants?

A handful of chefs and food companies are experimenting with fish-like alternatives to seafood. But the market is still a few steps behind plant-based products for meat and dairy.
NPR

Will We See Veto Battle On Capitol Hill?

With President Obama promising to vetoes, what are the possibilities of a few veto overrides during the next two years? NPR's Arun Rath puts that questions to the National Journal's Fawn Johnson.
NPR

3 Voices, 1 Threat: Personal Stories Of Cyberhacking

In President Obama's State of the Union address, he gave fresh emphasis to a problem that has been in the headlines: cybersecurity. Here are three people who have experienced security breaches.

Leave a Comment

Help keep the conversation civil. Please refer to our Terms of Use and Code of Conduct before posting your comments.