US mobility for young adults falls to 50-year low

By Hope Yen

Published November 14, 2013 4:37pm ET

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US mobility for young adults falls to 50-year low — Jeremy Bills works at his job as associate director at the Nashville Education Community and Arts Television office on Wednesday, Nov. 13, 2013, in Nashville, Tenn. Bills, originally from Tampa, Fla., received his master's degree from Vanderbilt University in Nashville and has stayed in his college town while trying unsuccessfully to find a job in his field of study. After initial signs of recovery, U.S. mobility for young adults has fallen to the lowest level in more than 50 years. Cash-strapped 20-somethings are shunning home-buying and refraining from major moves in the weak job market. (AP Photo/Mark Humphrey) | Mark Humphrey

WASHINGTON (AP) — U.S. mobility for young adults has fallen to the lowest level in more than 50 years as cash-strapped 20-somethings shun home-buying and refrain from major moves in a weak job market.

The new 2013 figures from the Census Bureau, which reversed earlier signs of recovery, underscore the impact of the sluggish economy on young people, many of them college graduates, whom demographers sometimes refer to as “Generation Wait.”

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