The U.S. Census Bureau released its survey detailing how many Americans moved from one residence to another, and for what reasons. The results showed that compared to the past, fewer Americans have been moving, and those that did were motivated to move mostly due to housing related reasons like wanting a better residence.
Some of the numbers aren't surprising, as one might expect fewer Americans to move amid the economic downturn, or for housing problems to force people to move.
However, a closer look at the numbers, which track 2012 to 2013, reveals some interesting trends, as the report highlights that moves related to jobs were not as frequent as housing or family-related moves, and that some demographics are more likely to move due to job-related reasons than others. Here are some points in the report that stood out:
Coutesy of the U.S. Census Bureau
Housing-related reasons for moving
Moves related to finding housing made up the largest portion of responses in the survey, coming in at 48 percent. In that group, 15 percent of people said they moved to find new or better residences, which decreased from 21 percent in 1999.
African American respondents were the most likely to move for housing-related reasons of any race
Over half of African American respondents said their main reason for moving was housing related. This was compared to white respondents, 46.8 percent of whom said housing was their motivation for moving.
Young people were the least likely to move for housing reasons
Respondents 18 to 24 and 25 to 29 years old had the most housing-related reasons for moving, but the two groups had the lowest percentages for reasons in that category compared to other age groups. Movers 18 to 24 years old instead said reasons like moving for college were big motivators for them, while respondents 25 to 29 years old had more job-related reasons for moving.
Family-related reasons for moving
This category included reasons like changes in marital status and wanting to establish one's own household. Family reasons were the second largest category at more than 30 percent.
Married people had the least family-related reasons to move
Respondents who split up with spouses had high family-related reasons for moving at 47 percent. For those who stayed married, family was not an issue for moving, with only 26.1 percent in that category. Married respondents instead moved more for job-related reasons, with 24 percent saying a change in employment status caused them to move.
Coutesy of the U.S. Census Bureau
Job-related reasons for moving
Moving for work came in around a little under 20 percent for all respondents, a rate that has remained pretty steady since 1999.
Men were more likely to move for work than women
According to the survey, while more women moved, 20.4 percent of men said they moved for job-related reasons, compared to 18.5 percent of women. The report did not mention whether this indicates men are more willing to move for work, or if there are differences in how men and women select jobs based on location.
More educated people are more likely to move for work
Again, while housing-related reasons dominated most responses, the survey found a split according to education level. The more education a respondent had, the more likely they were to move for a job, with 28.3 percent of bachelor degree holders saying they moved for job related purposes. People on the other end of the spectrum, such as associate degree holders, had much higher percentages for housing and family related reasons for moving, with high school dropouts having 54.2 percent of their responses in the housing category.
Success in publishing is about a lot of things. Sales, of course. Staying power. And the business of words.We've asked some of our favorite contemporary authors to share the numbers they think about as they write -- how they infuse the economic world around them into storytelling.
Listen to this installment from best-selling author Mona Simpson ("Anywhere But Here", "Off Keck Road") in the audio player above. She talks about how the economy for a fiction writer is more about time than money. She also talks about her new book, "Casebook." We've reprinted an excerpt below:
I was a snoop, but a peculiar kind. I only discovered what I most didn’t want to know.
The first time it happened, I was nine. I’d snaked underneath my parents’ bed when the room was empty to rig up a walkie-talkie. Then they strolled in and flopped down. So I was stuck. Under their bed. Until they got up.
I’d wanted to eavesdrop on her, not them. She decided my life. Just then, the moms were debating weeknight television. I needed, I believed I absolutely needed to understand Survivor. You had to, to talk to people at school. The moms yakked about it for hours in serious voices. The only thing I liked that my mother approved of that year was chess. And every other kid, every single other kid in fourth grade, owned a Game Boy. I thought maybe Charlie’s mom could talk sense to her. She listened to Charlie’s mom.
On top of the bed, my dad was saying that he didn’t think of her that way anymore either. What way? And why either? I could hardly breathe. The box spring made a gauzy opening to gray dust towers, in globular, fantastic formations. The sound of dribbling somewhere came in through open windows. My dad stood and locked the door from inside, shoving a chair up under the knob. Before, when he did that, I’d always been on the other side. Where I belonged. And it hurt not to move.
“Down,” my mother said. “Left.” Which meant he was rubbing her back.
All my life, I’d been aware of him wanting something from her. And of her going sideways in his spotlight, a deer at the sight of a human. The three of us, the originals, were together locked in a room.
My mom was nice enough looking, for a smart woman. “Pretty for a mathematician,” I’d heard her once say about herself, with an air of apology. Small, with glasses, she was the kind of person you didn’t notice. I’d seen pictures, though, of her holding me as a baby. Then, her hair fell over her cheek and she’d been pretty. My dad was always handsome. Simon’s mom, a jealous type, said that my mother had the best husband, the best job, the best everything. I thought she had the best everything, too. We did. But Simon’s mom never said my mother had the best son.
The bed went quiet and it seemed then that both my parents were falling asleep. My dad napped weekends.
NOOO, I begged telepathically, my left leg pinned and needled.
Plus I really had to pee.
But my mother, never one to let something go when she could pick it apart, asked if he was attracted to other people. He said he hadn’t ever been, but lately, for the first time, he felt aware of opportunities. He used that word.
I bit the inside of my cheek. I knew my dad: he was about to blab and I couldn’t stop him. And sure enough, idiotically, he named a name. By second grade everyone I knew had understood never to name a name.
“Holland Emerson,” he said. What kind of name was that? Was she Dutch?
“Oh,” the Mims said. “You’ve always kind of liked her.”
“I guess so,” he said, as if he hadn’t thought of it until she told him.
Then the mattress dipped, like a whale, to squash me, and I scooched over to the other side as the undulation rolled.
“I didn’t do anything, Reen!”
She got up. Then I heard him follow her out of the room.
“I’m not going to do anything! You know me!”
But he’d started it. He’d said opportunities. He’d named a name. I bellied out, skidded to the bathroom, missing the toilet by a blurt. A framed picture of them taken after he’d proposed hung on the wall; her holding the four-inch diamond ring from the party-supply shop. On the silvery photograph, he’d written I promise to always make you unhappy.
I’d grown up with his jokes.
By the time I sluffed to the kitchen he sat eating a bowl of Special K. He lifted the box. “Want some?”
“Don’t fill up.” She stood next to the wall phone. “We’re having the Audreys for dinner.”
“Tonight?” he said. “Can we cancel? I think I’m coming down with something.”
“We canceled them twice already.”
The doorbell rang. It was the dork guy who came to run whenever she called him. He worked for the National Science Foundation and liked to run and talk about pattern formation.
Excerpted from Casebook by Mona Simpson. Copyright © 2014 by Mona Simpson. Excerpted by permission of Knopf, a division of Random House LLC. All rights reserved. No part of this excerpt may be reproduced or reprinted without permission in writing from the publisher.
Home equity lines of credit, or HELOCs, were all the rage in the early 2000s. People borrowed against their homes to fund all types of things: New cars, college educations, even second homes.
Now, HELOCs are making a slow return to the market after all but disappearing during the recession.
The resurgence is slow because, as financial journalist Ilyce Glink says, "The idea of a home equity line of credit is, get this, you have home equity. You don't have home equity, which is a problem for most Americans, unless you were very lucky and bought in 2009-2012.”
For those who were able to secure a HELOC back in the day, Glink says that they may find themselves in a precarious and surprising financial situation as the bill comes due for these loans. “Many of the home equity lines of credit that were set up back in the early [2000s] were interest-only for the first ten years. And then they have a little clause in them that says either you pay them off or whatever the balance is converts to a 15-year rate loan,” Glink says.
Glink says that this means that millions of people who were only paying interest on their loans will essentially be hit with a 15-year mortgage that now includes billions of dollars in principal. Some homeowners could see their payments triple.
Refinancing is a great option for people who find themselves in this situation, but Glick says that many people wouldn’t qualify for a refi in the current market.
“Ten million people are still functionally underwater with their mortgages. That means if they tried to [refinance] today, they wouldn’t have enough equity in the house or they literally have zero or negative equity, and there’s no way for a regular lender to refinance them.”
For a few years, at least, Glink suspects that there will be a number of people who will not be able foot the bill and this could have a larger affect on the economy.
“From now through 2017 when the big bulk of these HELOCs start to convert and come due, we’re going to see an increased amount of people who can’t pay them. So there’s going to be increasing defaults and maybe an increase in the level of foreclosures due to HELOCs…,” Glink says.
Ilyce Glink is a financial journalist and the founder of ThinkGlink.com
State media reports that Jeffrey Edward Fowle acted "contrary to the purpose of tourism" and is being investigated. North Korea is known to be holding at least two other Americans.
Here's an extended look at the Marketplace Datebook for the week of June 9:
Let's begin with something musical. Musician, inventor, and Rock and Roll Hall of Fame inductee Les Paul was born on June 9th, 1915.
On Tuesday, the Commerce Department reports on wholesale inventories and sales and the Labor Department issues its job openings and labor turnover survey for April.
June 10 is the 79th anniversary of Doctor Bob and Bill W founding Alcoholics Anonymous.
And remember that action film with the bus that would blow up if it didn't maintain 50 MPR on LA highways? "Speed" was released 20 years ago.
Mid-week we get a look at the nation's balance sheet. The Treasury Department is scheduled to release its monthly statement for May.
A House subcommittee on Communications and Technology holds a hearing on "Media Ownership in the 21st Century."
On Thursday the Commerce Department reports on retail sales for May.
It's a bird...It's a plane...It's the 36th annual Superman Celebration getting underway in Metropolis, Illinois.
And on Friday the Labor Department issues its Producer Price Index for May. That's Friday the 13th. Sounds like a movie rental opportunity.
Lastly, look up in the sky to see the Full Strawberry Moon. The name is related to strawberry harvesting season. Now picture a giant strawberry in the sky.
Farmed fish production will have to more than double by 2050 to keep up with global demand, a report finds. And aquaculture can be far more sustainable than meat production, the researchers say.
Hot off their success in directing Captain America: The Winter Soldier, the Russo brothers are diving into a type of directing not normally associated with creativity, technological innovation, and narrative storytelling. They’re starting a company that makes commercials.
The pair have launched Bullitt, a branded entertainment company that will make long-form commercials with ‘Fast and Furious’ franchise director, Justin Lin. The company is named after the Steve McQueen film from 1968 which they call a great advertisement for Ford Mustang.
Joe and Anthony Russo directed a three and a half minute commercial for Smirnoff Vodka earlier this year. The commercial ran as a 30-second spots on television while the full version was posted online, with the hopes that it would go viral.
The pair has directed commercials since they first got into filmmaking – it was something they did between TV and film projects. “We kind of fell in love with the creative possibilities that you have shooting commercials, “says Anthony. The process is faster than a feature length film or television show and there’s more freedom to be experimental.
The two draw a line between traditional product placement and what they plan to do. Joe points to FX’s Sons of Anarchy as a sort of commercial for Harley Davidson where the product is seamed into the storyline – it’s not overt product placement. “It’s finding new ways to use money to advance creativity.”
And they’re pretty sure advertisers will get on board as services like Netflix get more popular. Joe says, “these are non-advertiser based services, right? So the brands are going to have to find new ways to reach eyeballs.”
When a girl's business got shut down for lack of a license, lawmakers decided the rules went too far. With states regulating so many professions, even consumer groups wonder if they should cut back.
Some 150,000 Allied troops landed in Normandy and began the liberation of France from Nazi occupation during World War II. World leaders, including President Obama, gathered to mark the anniversary.
More on the numbers from the jobs report for May. Plus, despite being a prize-winning horse, California Chrome isn't expected to fetch top dollar. Why bloodline determines price more than prizes. Also, hear what businesses should learn from professional soccer teams when it comes to diversity.
Seven years ago I stupidly blew all of my savings on a backpacking trip to Asia. I was 26-years old and had planned to come back in three months. Instead I was gone for a year, returning to New York only when I was completely broke and a little tired.
I had a few contacts and started trying to make my way as a freelance writer, but I struggled at first. I was earning a pittance and moved into a crappy apartment with a couple of friends.
A year later I had landed my first full-time journalism job and was making enough to leave the place and the two roommates (who were themselves moving into their own new apartments) and move into a slightly less crappy place with just one. And two years after that, I accepted another new, much better job, which I still have now – and I could finally afford to live alone.
At the risk of sounding like a crank, I've never enjoyed living with others, so I was thrilled that the size of my household had quickly gone from three to two to one.
In a healthy economy, this would be a typical experience shared by many young adults in their 20s and early 30s as they climb their way up the employment ladder.
The economic recovery since the recession of 2008 has been profoundly unhealthy, of course, but especially for young adults. Unemployment for those without college degrees – and that’s a majority – has been brutally high. And a historically big share of recent college graduates have also been forced to accept low-paying jobs for which they’re overqualified. There simply aren’t enough good jobs to absorb them all.
This is a huge deal for the entire economy, and not just for young people.
Think about it this way. Both times that I parted ways with ex-roommates, each of us had to buy some of the usual stuff that goes with moving into a new place: furniture, kitchenware, lighting, cleaning equipment.
When enough people do this, the extra spending on these items gets money flowing through the economy, generating activity in the industries that make them. If a lot of people are moving into new homes at the same time, the construction sector also reacts by building more houses or apartments. And as neighborhoods get more crowded, restaurants and barber shops and laundromats pop up in response to serve the newcomers.
The virtuous cycle means more jobs in those peripheral sectors, higher wages, more people getting their own place, and so on.
Yet since the start of the recession, the percentage of people aged 18-34 who were still living with their parents has climbed dramatically – a result of their difficult economic circumstances. According to estimates from Goldman Sachs economists, there would have been 3.5 million fewer young adults living with their parents at the end of 2012 if that percentage had stayed the same. It started to fall very slightly just last year, but it needs to decline much further.
Young adults in the post-recession period entered a much tougher labor market than people in earlier generations. That they have little wealth and low incomes (when they even have jobs) has resulted in the abysmally slow pace at which new households have been formed.
The recovery has been poorer because of it – for all of us.
Ceremonial swords and staffs were swung in anger, resulting in injuries and panic during a commemoration of a military raid on a sacred shrine in Amritsar, India.
Earlier this year, I audited a computer-science course at Pomona College, my alma mater. And I was shocked, when on the first day, the professor told us it would be a closed-laptop class. Computer science without the computer!
That's how concerned some teachers are about distractions created by digital devices. But the temptation to text, email and play Candy Crush isn’t the only concern. It’s digital note-taking itself. A recent Princeton University study showed that students remember information more effectively through handwritten notes.
LearningCurve surveyed teachers and professors from kindergarten through graduate school to learn about their policies on laptops, tablets, smart phones and other technology in the classroom.
Very few teachers had a blanket-ban on tech in the classroom: only 13 out of 219. By contrast, 102 said that students are allowed to freely use technology, and 104 said they allow it "under limited circumstances."
Many college professors felt it was not their place to tell students to shut down their screens.:
College students can make the decision about whether or not it is worth their time and money to attend class, pay tuition, and then spend the class period browsing through Facebook. - Lee Cornell, professor, Computer Information Science, Minnesota State University, Mankato.The first night of my policy analysis class, I demonstrate with a comparison of possible classroom policies on laptops and their potential impacts on learning and other outcomes. Students get the idea! - Marieka Klawitter, professor, Policy Analysis, Social policy and Statistics, University of Washington, Seattle, WA.
Some teachers with open-use policies had mixed results:Theoretically, I allow my 8th graders to listen to music in their headphones if they're working, but have found it almost impossible to stop them from going onto other social media aps and playing games on their phone, so often have to retract the privilege. - Gina Beavers, 8th-grade teacher, Art, Brooklyn, NY. Perhaps I am old-fashioned, but I am always surprised that students will text, or leave their ear buds in during a lecture. - Janet Peterson, professor, Nutrition and Exercise Science, Linfield College, Newberg, OR.
There were strong feelings on both sides of the issue:Frankly, I find restrictive device policies ridiculous. If we expect college students to become mature adult thinkers, then holding them to prohibitionary rules seems to undermine that effort. - Tim Mahoney, professor, Teacher Education, Millersville University.We allow laptop/device usage only with direct, explicit teacher permission. Otherwise, students are expected to keep them closed. Frankly, any other policy, in my opinion, would be complete foolishness, no matter the educational level. As it is, the teachers at our school must police diligently the student use of devices. - Craig Copeland, teacher, Humanities, McDonogh School, Parkton, MD.
Some teachers got creative:Laptops and tablets can be used by students only if they sit in the front row. My teaching style is to walk around as I teach, so if they are in the front row, I can see the screen from time to time as I pass their desks. - Sylvia McGeary, professor, Religious Studies, Felician College, Lodi, NJ. I know they will use them, and frequently for something that is far from chemistry. I don't wish to foster ill will; therefore, instead of banning them, I "commandeer" them using the wireless network by sending them questions that they can answer for extra credit points. - Vanessa Castleberry, professor, Chemistry, Baylor University.
One teacher feels his classroom is a good place for students to learn the life skill of appropriate technology-use behavior:The kids need to learn when and how to use their phones appropriately. High school is the perfect place for this. If a student is clearly playing a game or having a long conversation via text, I remind them that it's disrespectful, and potentially detrimental to their learning. I frequently say "If you need to use your phone, then use it. Don't make a big deal about it, and don't take too long." - Jeff Castle, teacher, Graphic Design, Film Production, Computer Science, Albany High School, Albany, CA.
A few teachers just felt their subject was not one where technology should be used at all:Philosophy classes call upon people to listen and discuss. It is not information driven. Technology tends to divide people's attention and draws them away from active listening and participating. Thus, it actively works against the very habits necessary to critical and philosophical practices. One might as well be holding a smart phone during ballet training--it's that diversionary - David Hildebrand, professor, Philosophy, University of Colorado Denver, Denver, CO.
Others though, argued that all teachers need to give students access to classroom tech:It is a moral imperative, not only to provide equal access to all students regardless of socio-economic background, but also to prepare students for the technology skills expected in the world today. - Jerred Erickson, teacher, Social Studies, Spanaway Lake High School, Puyallup, WA.
If you are a teacher, parent or student, we want to know what you think. Tell us if you think technology should be used in the classroom in the comments section below, or tweet at us @LearningCurveED.
Diversity is good for team performance in soccer, according to a new study by political scientists Edmund J. Malesky and Sebastian M. Saiegh. With the World Cup just days away, we take a look at the benefits of diversity in the field and what the world's biggest businesses can learn from the sport. Sebastian M. Saiegh joins Marketplace's Mark Garrison to share more on their findings.
Click on the audio player above to hear more.
There are heroes on the battlefield, but there are also heroes like Seattle Pacific University student Jon Meis, who tackled a gunman and, with other students, held him down until police arrived.
The Beastie Boys have been awarded $1.7 Million in a case against Monster Energy Corp for copyright infringement. The disputed Youtube video, posted by Monster in 2012, featured several remixed Beastie Boys hits like "Sabotage" and "Make Some Noise." Beastie Boys members Adam Horovitz "Ad-Rock" and Michael "Mike D" Diamond were on hand for much of the trial, having originally asked for $2.5 Million. While Monster claims that it was an internal mistake -- claiming an employee thought the company had permission to use the music -- the jury still sided with the Boys, awarding them an amount significantly above the $125,000 initially offered by Monster.
The Beastie Boys have long opposed the use of their music in advertisements. The group’s Adam Yauch, who died in 2012, prohibited the use of his music in advertisements in his will.
And in case you were wondering, we crunched some numbers on what $1.7 Million looks like for all parties involved:813,397
That's how many Monster Energy Drinks you could buy with $1.7 Million154,826
That's the number of CD copies of "Hot Sauce Committee Part II" you could purchase with the same amount of money. "Make Some Noise," one of the disputed tracks, comes from this album.
With today's monthly jobs report meeting predictions, the U.S. has surpassed the number of jobs before 2008. But the recovery has been slow and long, economists say.
The air conditioning in San Antonio's arena broke down, leaving the host Spurs and the Miami Heat sweating in 90-degree temperatures as the NBA Finals began.
Former Secretary of State Hillary Clinton's new memoir, “Hard Choices,” hits store shelves on Tuesday. It’s the latest in a string of tell-alls by former members of the Obama administration, including Robert Gates’s “Duty” and Timothy Geithner’s “Stress Test.”
You’d think memoirs like these could sell themselves. Well, think again, says Jim Milliot, editorial director at Publisher’s Weekly.
“You could say it is one of the great ironies of book publishing that the bigger the author, the bigger the publicity campaign,” he notes.
This campaign kicked off on Mother’s Day, with an exclusive excerpt in “Vogue” magazine: Hillary Clinton, reflecting on motherhood. The excerpt was share-able, the idea being each retweet or Facebook like will translate into sales.
“Social media is a big component of all this,” Milliot says.
According to Josh Baran, who managed the publicity campaign for “An Inconvenient Truth,” former Vice President Al Gore’s bestseller, “You want your message out.”
That kind of message machine can cost millions. We don’t know how much this one is going to cost, because the publisher declined our request for an interview. We do know that the publicity team for a big book starts with what Paul Bogaards calls a “communications blueprint,” which includes “television, radio, newspapers, magazines, blogs, big mouths.”
Bogaards, who manages media relations for Knopf Doubleday, has drawn up blueprints for former Gates’s memoir, and for President Clinton’s autobiography, “My Life.”
Rollouts may be more intricate than ever, but one thing is still true: If a reporter gets ahold of the book early, it can throw all that timing, all that money, and all that planning off track.
Still, Journalists were eager to get their hands on Bill Clinton’s memoir before it was published.
Says Bogaards: “I mean, one had them actually had the gall to call me and say, ‘Hey, can you help me out here?’ I was like, actually no, I cannot help you out.”
Publicists play defense and offense. Leaks aren’t all bad, and sometimes they are done strategically. Politico, for example, got it hands on a chapter from Hillary Clinton’s book early, and yesterday, CBS News, which is one of Simon & Schuster’s corporate siblings, obtained a copy of “Hard Choices.”
So far, these leaks have done what every publisher wants: they ginned up interest, they got people talking, and Simon & Schuster hope, that will lead to buying.
THE ROLLOUT, planned and unplanned
Sunday, May 11
Tuesday, May 27
Simon & Schuster releases Hillary Clinton’s “author’s note”
Friday, May 30
A Politico reporter gets her hands on a “much-anticipated chapter” from “Hard Choices” about what transpired in Benghazi, Libya, on Sept. 11, 2012
Hillary Clinton meets with booksellers at BookExpo America, in New York City
Wednesday, June 4
Thursday, June 5
Monday, June 9
Diane Sawyer, of ABC News, interviews Hillary Clinton during an hour-long, prime-time special
Tuesday, June 10
“Hard Choices” hits store shelves
Hillary Clinton does her first live interview, with Robin Roberts, of ABC News, on “Good Morning America”
Tuesday, June 17
Hillary Clinton sits down with Bret Baier and Greta Van Susteren of Fox News