308 / 138
308
E
UR
A
MERICA
Slovenia (Aassve et al., 2013). The structure of the labor market,
welfare policy, and education system also contribute to variations
in youth living arrangements. In Northern and Western Europe,
alternative arrangements, such as leading independent households
at a young age, are possible because of employment opportunities,
scholarships, and social transfers. At the same time, with parental
support, young people in Southern and East Central Europe tend
to live at home until they marry or are employed full-time (Ayllón,
2015).
Multigenerational living arrangements are also prevalent in
East Asian countries, reflecting both Confucian cultural traditions
and limited social provisions. Older Taiwanese adults prefer
intergenerational coresidence. In 2013, more than 65% of
Taiwanese older adults voiced a preference to reside with both
their spouses and adult children (Ministry of Health and Welfare,
2014). In 2005, the proportion of 18- to 24-year-olds living with
their parents reached 90% in Taiwan, 84% in South Korea, and
63% in Japan (Tai, 2012). The percentage of adult children who
reported receiving financial support from parents increased from
9% to 16% between 2001 and 2006 (Lin, 2012). Family support
via finances and/or coresidence has been the main way for people
of all ages to meet their financial needs.
E. The Market and Welfare Regimes
Compared to prime-age individuals, young adults are more
likely to be unemployed or hold precarious jobs (Quintini, J. P.
Martin, & S. Martin, 2007). Looking OECD countries, in 2014,
the youth unemployment rate ranged from 5% in South Korea to
58% in Greece. The highest unemployment levels were observed in
Southern European countries and post-socialist countries such as
Poland and the Slovak Republic (OECD, 2015).
Wide variations in youth unemployment and under-
employment are found across countries. Among the most