Wall Street Journal staffer Anna Louie Sussman looks at a new report that shows that residential mobility has been largely stable in recent decades. However, it has declined for African-Americans, even as the link between moving and economic mobility grows stronger.
The research, from Scott Winship of The Manhattan Institute, tries to dispel worry that mobility and migration trends in America have fallen too far. By the same token, though, Winship, mobility among black Americans is declining. The issue is that moving correlates in strong ways to financial opportunity and growth. Sussman writes:
Moving matters more than ever: The expected earnings gap between men from low-income states who picked up and moved and those who stayed put has widened in recent years. Women from low-income states who moved experienced a similar widening in economic mobility.