May 4, 2016
Job seekers are relocating more than at any time since 2001, according to John Challenger.
Challenger's quarterly survey of 3,000 job-hunting managers and execs shows that 25 percent more people relocated for a new job in the second quarter of this year than in the first quarter. Also, 51 percent changed industries to get a new job, 18 percent more than in the first quarter.
Jobless managers and executives still are much more inclined to stay put than they were before the terrorist attacks in the United States. Challenger says that people who aren't totally frustrated with the bites they're getting from employers want to stay geographically close to family and friends. "More than at any time in the past," he says, "job seekers seem determined to find jobs in their own geographic region."