Plus, the how parents are helping adult kids out financially
are helping them out financially
, according to an informal survey conducted by Rob Carrick that received over 3,000 responses. Almost 37 per cent of parents with kids over the age of 21 are helping with grocery costs, almost 25 per cent are helping with rent, 10 per cent are helping with mortgage payments and nearly half provide random cash infusions. In terms of the dollars and cents, just 6.6 per cent of parents offering financial support pegged the amount at $1,000 or less.
, a reflection of tight labour market conditions. The labour participation rate was 65.6 per cent in March, about the same as five years earlier.About 83 per cent of companies across the country are
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