A recent survey of 3,000 job seekers found the willingness to relocate for a new job fell from 3.5% in 2022 to 1.6% in 2023. Even more astounding is that the number is down from 29% in the 1990’s.
A reasonable explanation is that more people can work remotely which allows them to chose when or if they move for work.
Read Americans Have Never Been So Unwilling to Relocate for a New Job on Bloomberg.
- Remote work is permanent but there it’s also a supply side problem as more employers have attempted to bring workers back to the office
- Relocating for something better might not be the case anymore as remote jobs rose to nearly 15 percent of all high-paying job listings
- 54% percent of unemployed job hunters are looking to work from home