Wednesday, March 14, 2012

Boomerang Generation - Slackers in breeding?

Recently I came across the term Boomerang Generation. It refers to Young adults who left to go to college, get married or just strut their independence - are moving back in with mom and dad thus "boomeranging" back to their place of origin.. Boomerang Generation can be a mixed blessing for parents, both emotionally and financially. The reasons are many for returning, the first being economics. Some blame this situation as the result of "helicopter hovering parents" era where parents overprotect their children and indulged every whim that leads to kids who are not developed to face the reality of life.

Many of the young adults who in this category of Boomerang Generation are postponing their transition to adulthood. Instead of taking charge of their lives, they fall back to the comfort of home and parents - back to their safety nest. They continue to be financially dependent on their parents for periods much longer than earlier generations. A recent survey by the Royal Bank of Scotland of 1,200 university graduates in Britain found that nearly 60 percent are still being supported by their parents three years after graduation.

One of the grave effect of such phenomenon is young adults who are able to return home after an unsuccessful job hunt often become more passive in their search for employment if they continue to be financially supported by their parents. A lack of motivation can delay the start to a young adult's career and cause him/her to miss months or years of job earnings and experience.

I wonder what is the situation in Malaysia? Are we are simply breeding a generation of slackers? Only time will tell.

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