skip to main content

Listen

Read

Watch

Schedules

Programs

Events

Give

Account

Donation Heart Ribbon

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 percent 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 www.npr.org.

Please stay on topic and be as concise as possible. Leaving a comment means you agree to our Community Discussion Rules. We like civilized discourse. We don't like spam, lying, profanity, harassment or personal attacks.

comments powered by Disqus