US workers don't want to move for new jobs

Wednesday, August 22, 2018

This is definitely influenced by the “full employment” economy…

From FOX Business: As the U.S. economy creates more jobs, fewer Americans are willing to move for a new employment opportunity. Only 3.5 million Americans relocated for work last year, according to the U.S. Census Bureau, as first reported by The Wall Street Journal. That figure is down 10 percent from 2015, and continues an overall downward trend seen throughout the past two decades. Family often factors into decisions not to relocate for work, The Journal reported, in addition to the ability to find a similar job within a closer proximity. As the labor market strengthens and nears full employment, there were 6.7 million open positions at the end of June, according to the Bureau of Labor Statistics, little changed from the month prior.