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31-Jul-2017 01:05

Research suggests that the earnings recapture rate is typically around 80 to 85 percent.

This means that these workers will earn less on the new job.

This means that not only are younger workers not relocating for employment reasons, they are not changing jobs within their local labor market.

Read on for our findings, additional insight from our panel of experts and a full description of our methodology.Additionally, gains from relocation may not be positive; it depends on the reason for the separation from employment.Among those workers who are involuntarily separated from employment, many are not able to recapture their previous level of earnings.They might have very strong preferences about geography, or work environment, or pay, even though they are in no position to make such stringent demands.

It's a rather entitled attitude, if you ask me -- as though they view employment as a luxury, not a necessity.This growth will be driven by the aging Baby Boomer population, increases in life expectancies, and growing rates of chronic conditions, all of which will increase the demand for health care services.Recent evidence suggests fewer people are moving across state lines in search for work -- why do you think this is and what can be done to increase geographic mobility?I think that the decline in geographic mobility can be explained in part by two key driving forces. Older individuals have fewer years remaining in their work life, as compared to younger individuals.