Italy has the highest proportion of youths living with parents in the world... and more than half of 15-29 year old Americans and Brits still haven't flown the nest
- Number of youths living at home has increased since the Great Recession
- Study looked at data from 2007 and compared it to figures from 2014
- 80.6 per cent of people aged 15 to 29 years old in Italy now live at home
- In the U.S. 66.6 per cent of youths live with parents
- In the UK 52.4 per cent are stuck living in their childhood bedrooms
- 2008 recession may have delayed generation from starting own families
Italy has the highest proportion of young adults living with their parents in the world after the Great Recession of 2008 dealt a huge blow to employment prospects.
A staggering 80.6 per cent of people aged 15 to 29 years old in Italy now live at home, a report released by the Organization for Economic Cooperation and Development on Thursday revealed.
Italy has a debt mountain equivalent to more than 132 percent of its entire economy. As salaries have trodden water, the cost of a pizza in Rome has trebled and young people have been left out of work.
Depressing statistics show 26.9 per cent of Italian youths are not in employment, education or training. This compares to 14.4 per cent and 13.6 per cent in the U.S. and UK respectively.
Meanwhile, in the U.S. 66.6 per cent of youths live with parents and in the UK 52.4 per cent are stuck living in their childhood bedrooms.
A huge 80.6 per cent of people aged 15 to 29 years old in Italy (marked in dark red) now live at home, a report for the Organization for Economic Cooperation and Development
'The living arrangements of youth are important for a variety of reasons. Moving out of the parental home is an important step on the way to adulthood as is cohabitation, marriage or having children,' the report, titled Society at a Glance 2016, explained.
THE PER CENT OF YOUTHS LIVING WITH THEIR PARENTS:
- Italy 80.6%
- Slovenia 76.4%
- Greece 76.3%
- Slovak Republic 76.2%
- Portugal 75%
- Spain 73.6%
- Hungary 73.5%
- Czech Republic 70.3%
- Poland 68.2%
- Luxembourg 67.7%
- Ireland 67%
- United States 66.6%
- Switzerland 63.6%
- Latvia 61.9%
- Belgium 61.4%
- Chile 60.7%
- Turkey 60.4%
- Austria 60.3%
- Germany 55.6%
- Estonia 53.8%
- Australia 53.5%
- France 53.5%
- Mexico 53.5%
- United Kingdom 52.4%
- Iceland 51.7%
- Netherlands 51.5%
- Norway 37.8%
- Finland 36.9%
- Sweden 35.1%
- Denmark 34.3%
- Canada 30.9%
Source: OECD Social Indicators
'The living arrangements of youth can also influence their welfare and poverty rates – those living with their parents may have a lower risk of poverty as they can depend more on their parents financially and may face little or no costs for housing, food or other daily expenses.'
The country with the lowest rate of youth living with parents is Canada with 30.9 per cent.
'In Canada and the Nordic countries, a small proportion live with their parents and youth are much more likely to live independently, particularly on their own.
'On average, around a quarter of young people live with a partner ranging from 11 per cent in Italy to 41 per cent in Finland,' the report said.
Slovenia, Greece, the Slovak Republic, Portugal, Spain, Hungary and the Czech Republic all have above 70 per cent of youths depending on parents for a roof over their head.
However, part of the huge percentage in some of these countries can be explained by cultural trends. In Italy, for example, many young men and women choose to stay living with their mammas.
When comparing data from 2014 to figures collected in 2007, it was France that experienced the largest increase of youths living at home, with a 12.5 per cent rise.
As salaries have trodden water in Italy, the cost of a pizza in Rome has trebled (file photo)
'Countries hit strongly by the crisis, such as Greece and Italy saw smaller increases but these countries already had some of the highest shares of youth living in their family home before the crisis hit,' the report reasoned.
Overall across the OECD there was an increase of 0.7 percentage point in the proportion of youth living with their parents.
This might seem small but, coupled with the fact there was a 1 per cent decline in the proportion of youth living with partners or spouses, it suggests the recession may have lengthened the time young people stay under their parents' roofs.
Crucially, they are delaying forming families of their own.
The Organization for Economic Cooperation and Development's report also found that about 40 million young people in OECD countries are not in education, employment or training. They are referred to as 'NEETs'.
The study found two-thirds of these youths are not even looking for work.
'It is getting harder and harder for young people with low skills to find a job, let alone a steady job in today's workplace,' said Stefano Scarpetta, OECD Director of Employment, Labour and Social Affairs.
'Unless more is done to improve opportunities in education and training for everyone, there is a growing risk of an increasingly divided society.'
The study suggests the recession may have extended the length of time young people stay at home with their parents and delay starting their own family (file photo)
Most watched News videos
- CCTV captures final tragic moments of Mirna Salihin's life
- Mother shaves daughters hair after she 'bullies cancer girl'
- GRAPHIC CONTENT: 'Ghost' rises from body after fatal crash
- Bulls head butt each other then die instantly from brutal blow
- Shocking moment girl gets viciously beaten after starting fight
- Mother releases devastating footage of son's final moments
- Lorry smashes into car leaving driver with severe injuries
- Is this the creepy moment the corpse of a girl OPENS her eyes?
- 'Big fat gypsy wedding' in Romania goes on for FOUR days
- Groom ALREADY tired of marriage life just after 15 minutes
- 'Pascal's a G!' Kim Kardashian speaks well of her bodyguard
- GoPro captures the moment a croc swims amongst swimmers
The comments below have not been moderated.
The views expressed in the contents above are those of our users and do not necessarily reflect the views of MailOnline.
We are no longer accepting comments on this article.