Philadelphia — Oct. 11
Despite a tough job market, only 14 percent of laid-off employees relocated to take a new position this year, according to a study by Right Management, a unit of ManpowerGroup.
Right Management reviewed data on nearly 7,000 job seekers throughout North America who received outplacement services by the firm during the first eight months of 2012.
“Growing popularity in working virtually and the fact that many companies are embracing flexible work models could attribute to why so few employees are relocating in today’s tight employment market,” said Monika Morrow, senior vice president of career management for Right Management.
In addition, there are good reasons why more job seekers don’t want to relocate. Even though the weak job market has compelled individuals to look outside their own area or region for new employment, an individual may be unable to sell a home in a timely manner or at the fair price, the study found.
Source: Right Management