Saturday, September 11, 2010

More kids raised by grandparents since recession began

More kids are being raised by Grandma and Grandpa since the economy began its downward spiral in 2007, according to a new report.

In fact, one in 10 children in the United States lives with a grandparent, the study from the Pew Research Center found.

The largest increase was seen among whites, where the rate of grandparents as primary caregivers rose 9 percent from 2007 to 2008. For blacks the number of grandparents raising grandkids went up by 2 percent, while no change was seen among Hispanic families.

In all, 2.9 million -- 4 percent of all children -- are being raised by at least one grandparent, the Washington Post reported.

Statistically, this means more poverty, less educational achievement, more crime and more teen pregnancy.

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