Declining economic mobility reflected in fewer moves to new houses and apartments
Americans moving to a new location continued a steady decline in 2017, reaching a new post-World War II low, an indicator of a less mobile workforce that reflects both an aging society and economic problems facing younger workers.
The decline marked the fifth straight year in which the share of the population moving dropped. In 2017, the number fell to 11 percent, according to the Census Bureau. The level was nearly twice as high in 1985, 20 percent, but has fallen steadily, except for occasional cyclical zigzags, for the last three decades.