WASHINGTON — Americans are shunning long-distance moves at record levels as many young adults, struggling without jobs, opt to stay put rather than relocate to other parts of the United States.
The new information from the Census Bureau highlights the extreme pressure that the sluggish economy is putting on people in this country, especially those in some of the hardest hit groups.
"It is truly a Great Depression for young adults," said Andrew Sum, an economics professor and the director of the Center for Labor Market Studies at Northeastern University in Boston. "Young adults are working at lower rates than they ever worked before since World War II. As a result, you would expect migration to fall because they have nowhere to go to."
The share of longer-distance moves across states fell to roughly 4.3 million people, or 1.4 percent, down from 1.6 percent in 2009. It was the lowest level since the government began tracking movers in 1948.