AMERICANS HAVE NEVER BEEN SO UNWILLING TO RELOCATE FOR A NEW JOB

Summary from the TLDR newsletter

The share of job seekers who relocated for employment fell to its lowest level on record in the first quarter of 2023. A post-pandemic surge in remote and hybrid positions has made it possible for more workers to stay where they're living. Higher interest rates have made relocating more expensive. Diminishing job security has made the cost of relocating seem less of a safe investment.