One of the results of a down economy is that people are often reluctant to pull up stakes and move, the Associated Press reported this trend to be true in the current economy.
The report confirmed that young Americans that are staying close to home, unwilling or unable to bear the cost.
That Americans aren’t moving just ads to the evidence that the country is stagnating. Businesses aren’t hiring, banks aren’t lending, young adults can’t find career building work, and people aren’t leaving their hometown.
What was also interesting from the AP report is that young college graduates are staying in those college towns that they got a degree in. To a certain extent this makes sense because they stay in a place more comfortable and familiar with many close contacts. At the same time, being stuck in an environment that is already highly competitive and oversaturated with talent may be holding many graduates back.
What do you think? Do you find it easier right now to stay in your home town to find employment, or would you branch out if you could?