Jobs Mobility

There are often jobs to be had in a particular trade but not in a specific location. Therefore, job mobility has become an important factor.

It also explains why younger folks are more readily able to adapt to unemployment, once they have necessary skills. America has always had a lower unemployment rate than Europe, for example, because we have more job mobility than Europeans.

During the severe unemployment crisis of 2009, 3 million jobs were still open while 13 million were unemployed. Skills were needed, but also mobility.  (See the Earl J. Weinreb NewsHole® comments and @BusinessNewshole at Twitter.)