FREE NEWSLETTER: Econintersect sends a nightly newsletter highlighting news events of the day, and providing a summary of new articles posted on the website. Econintersect will not sell or pass your email address to others per our privacy policy. You can cancel this subscription at any time by selecting the unsubscribing link in the footer of each email.

posted on 21 July 2015

As Local Job Markets Improve, Job Seekers Shun Relocation For New Employment

by Challenger Gray and Christmas

The percentage of job seekers relocating for new positions declined in the first half of 2015, suggesting that as the recovery spreads, individuals are able to find better employment opportunities in their local market.

Over the first two quarters of the year, 10 percent of job seekers moved for new employment, according to the latest job search data from global outplacement consultancy Challenger, Gray & Christmas, Inc. That was down from an average of 15 percent in the last half of 2014. In the first half of 2014, 11.4 percent of job seekers relocated for new positions.

The relocation rate in the last six months of 2014 was the highest since the first half of 2009, when an average of 16.3 percent of job seekers moved in the immediate wake of the recession.

The Challenger relocation rate is based on a quarterly survey of approximately 1,000 job seekers who concluded their search by finding employment, starting a business or retiring.

Per John A. Challenger, chief executive officer of Challenger, Gray & Christmas:

The tipping point for relocation is very sensitive. Most people do not want to pick up stakes and move solely for employment. We tend to see relocation surge at the onset of recessions and in the early stages of recovery, as different geographical areas are impacted at different times. However, as recovery spreads and jobs become more available throughout the country, relocation begins to ebb.

Nationally, the unemployment rate stood at 5.3 percent in June. However, there were 183 metropolitan areas below that level as of May, according to the latest available data on state and local employment from the US Bureau of Labor Statistics.

Furthermore, there were 148 metropolitan areas with an unemployment rate below 5.0 percent, at which point the balance of power in the job market shifts away from employers and toward job seekers.

As local job markets improve around the country, there is less incentive to move. Employment alone is not a strong enough factor. There would have to be some other motivation, whether that's family, health, lifestyle, or cost-of-living.

Click here for Historical News Post Listing

Make a Comment

Econintersect wants your comments, data and opinion on the articles posted.  As the internet is a "war zone" of trolls, hackers and spammers - Econintersect must balance its defences against ease of commenting.  We have joined with Livefyre to manage our comment streams.

To comment, using Livefyre just click the "Sign In" button at the top-left corner of the comment box below. You can create a commenting account using your favorite social network such as Twitter, Facebook, Google+, LinkedIn or Open ID - or open a Livefyre account using your email address.

You can also comment using Facebook directly using he comment block below.

Econintersect Contributors


Print this page or create a PDF file of this page
Print Friendly and PDF

The growing use of ad blocking software is creating a shortfall in covering our fixed expenses. Please consider a donation to Econintersect to allow continuing output of quality and balanced financial and economic news and analysis.

Take a look at what is going on inside of
Main Home
Analysis Blog
A Short Note on a Connection Between Marginalist Economics and Folk Medicine
Run A High Pressure Economy? Janet Yellen Does Not Understand the Problem
News Blog
22 October 2016 Initial Unemployment Claims: Rolling Averages Marginally Worsen
Durable Goods New Orders Marginally Declined in September 2016
Infographic Of The Day: 41 Interesting Facts About Tesla Motors
Early Headlines: Asia Stocks Down, Oil Lower, Great Lakes Wind Power, Chinese Moving Mfg To US, Tesla Reports Profit, Dems Forecast To Take Senate, China's Debt And More
How Miller Stacks Up Against His Draft Class
Inside The Machine: How Two Nobel Winners Taught Us How Companies Tick
Healthcare's Dirty Little Secret: Results From Many Clinical Trials Are Unreliable
The Cleveland Indian's Unique Use Of Andrew Miller
What We Read Today 26 October 2016
Why Do So Many Price Tags End In .99
September 2016 New Home Sales Improve.
Higher GDP Growth In The Long Run Requires Higher Productivity Growth
Quantum Encryption Is Secure Because Information Encoded In A Quantum Particle Is Destroyed As Soon As It Is Measured
Investing Blog
Thirsty For Income? How To Thrive In This Yield Desert
Apple's First Annual Sales Decline In 15 Years
Opinion Blog
A Hard Brexit And Reduced Migration Won't Benefit UK Workers
What Triggers Collapse?
Precious Metals Blog
Inflation Surging As Platinum Signals Stock Market Decline
Live Markets
27Oct2016 Pre-Market Commentary: Wall Street Pointing To A Higher Opening, Unemployment Benefits Fell, SP 500 Futures Up 0.4 Percent
Amazon Books & More

.... and keep up with economic news using our dynamic economic newspapers with the largest international coverage on the internet
Asia / Pacific
Middle East / Africa
USA Government

Crowdfunding ....



Analysis Blog
News Blog
Investing Blog
Opinion Blog
Precious Metals Blog
Markets Blog
Video of the Day


Asia / Pacific
Middle East / Africa
USA Government

RSS Feeds / Social Media

Combined Econintersect Feed

Free Newsletter

Marketplace - Books & More

Economic Forecast

Content Contribution



  Top Economics Site Contributor TalkMarkets Contributor Finance Blogs Free PageRank Checker Active Search Results Google+

This Web Page by Steven Hansen ---- Copyright 2010 - 2016 Econintersect LLC - all rights reserved