Sunday, December 25, 2016

Can't move about often enough to stay liquid

"For the past six years, that typical mobility that we had in the US, where people would go where the jobs are, has been lost. At the same time, the jobs being created aren’t the kind of jobs that everyone can do. The people who lose their jobs in one industry can no longer just transfer it easily to another industry. There’s a cyclical element here, which is the housing story, and a structural element, that the skill sets are not easily transferable anymore."
Geographic mobility within the US has decreased over the past several decades. According to a report by Liberty Street Economics published in October, the percentage of the working-age population (those between 25 and 59) that moved to a different state in a given year stood at 1.5% in 2010, down from 3% in the 1980s. 

Complete with the usual map:
We will be looking at maps  like this now that  the Yawkers have taken the Swamp.

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