MEAGER MOVING
04/25/2024 |
Based on a quarterly survey of active managerial job seekers, during calendar year 2020 5% of such individuals relocated to find new employment. In 2021, the percentage fell to 4%, in 2022, the percentage declined further to 3.75%, and in 2023, and it slid to just 2.5%. The combination of super-low 30-year mortgages and probably more remote or hybrid-work arrangements make attracting top managers increasingly difficult.