Labour mobility still much higher in the US than Europe


US still winning in labour mobility, which is not at all surprising but still reassuring given the averse impact the sluggish housing market seems to have had on mobility in the past year.

I still think it’s a bit of a paradox that while labour mobility is much encouraged in the US, it still work counter to the goal that home ownership subsidies offered by the government, which encourages social stability and putting roots  down in a community.  Which ideally, I suppose, will help one anchor down and develop a sense of community in the short and medium term, but not strong enough to keep one from packing up and driving off in search of better lives if the right opportunity knocks on the door (or none where you happen to be).

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