Saturday, March 17, 2007

Housing Crash Biting U.S. Worker Mobility

The ability of American workers to move freely from one market to another for gainful employment is just one of many important variables within a complex equation that contributes to economic stability, growth and national competitiveness. The easy, fluid movement of workers actually sets the U.S. apart from many other world economies.

This story from USA Today exposes how the housing market crash of 2006-2007 may adversely affect this critical variable to economic success, and lead to greater challenges for employers to grow their businesses, and for the U.S. economy in general, to avoid economic stagnation.

American workers considering relocation due to new employment opportunity must weigh more carefully than ever before the real financial impact of both selling their current home and buying anew.

No comments: