Nobody’s Buying Homes, Nobody’s Switching Jobs—and America’s Mobility Is Stalling

Nobody’s Buying Homes, Nobody’s Switching Jobs—and America’s Mobility Is Stalling

Americans are stuck in place. People are moving to new homes and new cities at around the lowest rate on record. Companies have fewer roles for entry-level workers trying to launch their lives. Workers who do have jobs are hanging on to them. Economists worry the phenomenon is putting some of the country’s trademark dynamism at risk.