Financial considerations among reasons people cite for relocation during the pandemic – Survey

Job losses and financial problems

Job loss and financial problems are behind people’s decisions to relocate during the pandemic, which continues to take a toll on many businesses since its outbreak in the United States a year ago.

The latest survey released by Pew Research organization says in November, a third of U.S. adults who moved due to the pandemic cited financial problems as the most pressing reason they relocated.

Of the people who relocated 17% cited job loss while 15% said financial problems other than job loss were the reasons behind their relocation.

But between the summer and winter trends have been changing.

June last year, 18% of those who relocated cited job loss or other financial reasons as motivating factors behind their relocation.

Last November people who said they wanted to be near family or a partner was 17%, vs. 20% who said they wanted to be near family in June, and the higher risk of coronavirus where they had been living (14% vs. 28% in June).

Other causes that made people move to a different location included college campus closures or courses going online for 14% in November vs. 23% who said in June they moved because their campus closed.

For some too many restrictions due to COVID-19 where they lived. In November 12%, said they moved because of restrictions.

Still other people who moved due to the virus said the main reason was that they needed more space (2%) or were able to work remotely (1%).

Categories
Coronavirus in the USCoronavirus OutbreakOpinion

Huma Nisar is Associate Editor at Views and News
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