- A recent survey of 3,000 job seekers nationwide found that Americans are increasingly unwilling to relocate for a new job.
- The share of job seekers moving for a new role fell to a record low of 1.6% in Q1 2023, much lower than nearly 1/3 in the 1980s and 90s.
- The rise in remote and hybrid roles post-pandemic and higher interest rates making house purchases more expensive have contributed to this trend.
- Diminishing long-term job security has made workers less willing to relocate.
