Relocation rates held steady in 2016 and the first quarter of 2017. While employment prospects are strong this year, it is not easy to find jobs in certain places across the country, according to a new report on relocation with analysis of Bureau of Labor Statistics data by global outplacement company Challenger, Gray & Christmas, Inc.
Although the national unemployment rate fell slightly in March to 4.5 percent from 4.7, some areas fall well below and well above this average, indicating varying degrees of economic strength.
“Job seekers have more options than they did during and immediately after the Great Recession. While many do not necessarily have to move for work, just over 10.23 percent of job seekers relocated for new positions in the first quarter. Job seekers would be wise to research local job markets to see where the greatest opportunities might be,” said John Challenger, CEO of Challenger, Gray & Christmas, Inc.