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Mobility Rate Falls to New Low in 2016

Friday, February 9, 2018

The geographic mobility rate fell to a new all-time low in 2017, according to the Census Bureau. Only 11.0% of U.S. residents aged one or older as of March 2017 had moved in the previous 12 months. Not since 1960 have so few people moved (35 million).

Among people living in owned homes, 5.5% moved from one house to another between 2016 and 2017, above the all-time low of 4.7% recorded in 2011 and 2012. Among people living in rented homes, the mobility rate fell to a new all-time low of 21.7% in 2017.

Mobility Rate in 2017

Total US: 11.0%
Owners: 5.5%
Renters: 21.7%

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Skytech CEO Christopher Flick Retires

Monday, February 19, 2018

Skytech Products Group announced today that the company’s CEO, Christopher Flick, has retired as an officer and Stakeholder in the Skytech Products Group of companies....

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5.3 Million More Workers Aged 65-Plus

Friday, February 9, 2018

The number of workers aged 65 or older is projected to grow by an enormous 58% between 2016 and 2026, according to Bureau of Labor Force Statistics' projections. Older workers will account for the 51% majority of the overall 10.5 million increase in the...

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