The recession that started in 2008 is still affecting people today. Though job growth has been on a steady upward climb and the stock market has as well, the hardship is still fresh in peoples minds. And it has affected the “mobile” population in America to stay still. Those who are under 35 have typically been seen as a fluid age group. Meaning that these are the people who are generally expected to move around the country and are willing to relocate for employment. Lately though this has not been the case.
The people in the under 35 age group are staying at home or at least close to it, even if it means forgoing employment. After witnessing the turmoil people went through in the last six years has made people more cautious and this has gone double for the millennials. The Labor Department reported that there were 4 million job openings last year, but refusal to relocate leaves many of these positions open.
Part of the worry is directed toward the notion the job markets will become segregated. While states like Texas are currently making an effort to hire truck drivers and oil-field workers, states in the North East are struggling to attract technology professionals. Potential employers blame the high expense of traveling and relocating and say they can not afford the flights and moving if their employers are not willing to foot the bill.
The millennials are seen as a more sheltered generation than the ones who preceded them. As a whole millennials do things later than the previous ones and now it looks like that has extended itself to physical limitation. Obviously not all millennials are this way, but there is a strong trend that is growing. Though there are some who argue that this due to a lack of confidence, most millennials who choose to stay at home argue it is strictly fiscal.
Photo: Photospin
