Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

City

Despite recent signs of recovery in the labor market, there are still more than 12 million unemployed job seekers. So how do we explain the fact that some positions stay open for months? And why are some companies struggling to find the right people for open positions in their area?

The growing skills gap provides one explanation, but another clue is the significant downward trend in workforce mobility. Fewer people are looking (or are able to look) beyond their own backyards for a new job. Last fall, the U.S. Census Bureau announced that the percentage of Americans who changed residences between 2010 and 2011 — 11.6 percent — reached its lowest recorded rate since they started keeping track in 1948, down from 20.2 percent in 1985.

To read the full, original article click on this link: Should You Move for a Job? - Matt Ferguson - Harvard Business Review