US – New jobs aren’t worth moving

Americans are moving less—and not as far—because it’s not nearly as worthwhile economically. 

Most moves are local, from neighborhood to neighborhood in the same city or county, and are largely driven by seeking better housing or more proximity to family and friends. But long-distance moves between states are different. These interstate moves are typically driven by those seeking better job opportunities.

Since the 1980s, neither the job opportunities nor the potential for better wages have made such moves worth it, according to the study. It finds that by 2013 the rate of interstate relocations had fallen 51 percent below its 1948 to 1971 average levels, the peak years for such longer-distance moves. As the graph below shows, since the 1970s the rate of long-distance movement has decreased more precipitously than the rate of shorter moves within the same state or county.

via Why Americans Are Moving Less: New Jobs Aren’t Worth It – Richard Florida – The Atlantic Cities.

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