Fewer American’s Moving for New Jobs Could Harm an Already Struggling Recovery

new jobs

Unemployed, James Tiffany, would take a financial hit if he sold his home to move elsewhere for work.

The recession is claiming yet another victim: Americans’ near-constitutional right to pick up and move to a better job.  Labor mobility has nearly ground to a halt in the past two years, and policymakers are increasingly worried that the slowdown is not just a symptom of the nation’s economic struggles but also a barrier to overcoming them.

 

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