Unemployed & Pounding the Pavement? You May Want to Relocate

If you’re among the unemployed hitting brick walls in your local area, you may want to consider a last resort. That’s right, relocating.

According to a survey published by outplacement firm Challenger, Gray & Christmas and as pointed out by Fortune, the first six months of 2013 revealed 14 percent of managers relocated to find new jobs. That number is more than double from last year’s numbers of out-of-work management who also moved in the name of securing employment.

In addition to finding employment, a reason for the uptick in moves may be attributed to the housing market. RealityTrac revealed median home values to say they’re on the rise in all of the markets it surveys.

John Challenger, CEO of the outplacement firm revealed in the piece,”Now that home buying and home values are finally starting to gain some upward momentum, it’s much easier for people who want to move to go ahead and do it.” Plus, job seekers can cast a wider net by thinking beyond their own geographies.

To truly be strategic, job seekers may want to target areas where unemployment rates are the lowest. For instance, per the Bureau of Labor Statistics, in June the unemployment rate was a little over five percent in Minneapolis-St. Paul. Granted, we have to keep industries in mind. For instance, the lowest jobless rate in our country is 2.8 percent in Bismarck, N.D. Primarily they’re seeing a demand in talent in retail, transportation and other businesses. Although your previous experience may not be a direct fit into those industries, as an example in corporate roles there may be communications or media roles available within retail and transportation.