Question of the Day: In the 1950s and 60s about ____ in 10 Americans moved to new places while in 2019, ____ in 10 Americans moved.
Answer: In the 1950s and 60s, about 2 in 10 Americans moved to new places while in 2019, 1 in 10 Americans moved.
Questions:
- Has your family moved at all since you were born? If yes, how many times?
- Why do you think that people move so much less than they did 60-70 years ago?
- Given the current economic challenges, do you think that people will be more willing to move to find work?
- Do you think that young people (18-24) move at higher or lower rates than this national average?
Behind the numbers (Axios):
What they're saying: "There's been this long term decline in mobility going back to the 1950s, as the population got older and as more people owned houses in the '60s and '70s and didn't move," said demographer William Frey of the Brookings Institution. "But the continued decline since the Great Recession and the housing crunch is driven by the millennial population."
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On the subject of moving...have you seen the NEW! virtual adaptations of three of our MOVE activities? Coming soon next week!
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Wondering what the most popular job is in each state? This blog post from the archives will answer that question.
About the Author
Tim Ranzetta
Tim's saving habits started at seven when a neighbor with a broken hip gave him a dog walking job. Her recovery, which took almost a year, resulted in Tim getting to know the bank tellers quite well (and accumulating a savings account balance of over $300!). His recent entrepreneurial adventures have included driving a shredding truck, analyzing executive compensation packages for Fortune 500 companies and helping families make better college financing decisions. After volunteering in 2010 to create and teach a personal finance program at Eastside College Prep in East Palo Alto, Tim saw firsthand the impact of an engaging and activity-based curriculum, which inspired him to start a new non-profit, Next Gen Personal Finance.
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