This report investigates the means of U.S. states and the U.S. as a whole to educate and maintain a local workforce as the economic landscape of the U.S. is seeing increasing competition for a talented workforce. The concentration of economic activity in metropolitan areas in the U.S. combined with the lack of domestic migration means funding of higher education will increase in importance going forward. Ironically, just as the availability of workers willing to move from one city or state has decreased, so has the commitment by policy leaders to develop a locally grown skilled workforce.
The results of this paper show the effects of social ties, demographics, career status, and housing are much more influential than education on the likelihood to move.
Key Findings
- Most Americans are highly unlikely to move.
- Drawing in a skilled specialized workforce from out of state to supplement local talent is unlikely to solve long-term workforce issues in an average metro.
- Women are less likely to move even when controlling for employment status, income, work experience, and education.
- People who have moved within the past year are more likely to move again and the effect increases if changing states.
- Education increases the likelihood of moving, however, the effect is small.
Related Content
-
Philanthropic Opportunities for Well-Being in Higher Education
Fear, anxiety and social isolation brought on by the pandemic has exacerbated existing mental health challenges for people on college campuses, and created new ones as online learning expands, key rites of passage are cancelled, and social...Read Report11
Glorimar Aragon and Mali Locke -
Identifying Opportunities in the Military Transition Assistance Program
Veterans bring valuable skills that can benefit the civilian job market, but without adequate tools and resources to translate these skills into meaningful employment, their contributions remain underutilized. To resolve these issues, the...Read Report11
Kevin Klowden and Sean Cregan -
Milken Institute and Partners Group Unveil New Internship Program to Support Young Singaporean Leaders
Singapore – June 4, 2021 – The Milken Institute and Partners Group, a leading global private markets firm, today announced the joint launch of the “ Milken Institute Singapore Internship Program” which aims to provide recent graduates in...Milken Institute and Partners Group Unveil New Internship Program to Support Young Singaporean Leaders
ImageYeen Chong
Associate Director, Milken Institute InternationalYeen Chee Chong is an associate director for Milken Institute International. Based in Singapore, he oversees and manages strategic communications with a wide range of global and regional media publications and partners. Chong works closely with colleagues in both Asia and the United States on planning and implementing global public relations and social media campaigns. -
The Milken Institute Launches New Cohort for HBCU Fellowship Program
Washington, DC (January 18)—The Milken Institute is proud to announce the launch of its new cohort for the Historically Black Colleges and Universities (HBCU) Fellowship program. This program aims to empower students from HBCUs by providing...Read ArticleImageChad Clinton
Director, Media RelationsChad Clinton is the director of media relations for the Milken Institute. Hired to this role in August 2021, Clinton develops and executes strategies to amplify the Institute’s core messages by generating coverage of its pillar workstreams, experts, and events. -
IFC, Milken Institute, and The George Washington University Launch Capital Markets Certificate Program
Los Angeles – IFC, a member of the World Bank Group, the Milken Institute and The George Washington University today launched a first-of-its-kind graduate level program for capital market practitioners in developing economies. Held over...Read Article -
Sustaining California's Leadership in Life Sciences R&D
The life sciences are a cornerstone of California's identity as a hub for technological innovation. Local firms, laboratories, and universities perform research and development that helps technological breakthroughs move from concept to...Read Report -
Tale of Two Cities: From Farmland to Tech Mecca
While the San Francisco Bay Area's Silicon Valley and China’s Shenzhen operate under two different and distinct political and economic systems, both have been recognized as innovation and technology hubs with unique economic success. This...Read Report11Michael C.Y. Lin and Perry Wong -
Two Washington, D.C. High School Stars Receive Milken Scholars Award
SANTA MONICA, Calif., (June 14, 2021)—The Milken Scholars, a joint initiative of the Milken Institute and the Milken Family Foundation, has chosen two talented students from Washington, D.C. for its 2021 scholarship program after a rigorous...Read Article -
Milken Institute Inclusive Capitalism Initiative Celebrates Latest Class of HBCU Fellowship Program, Building on Its Commitment to Develop Pathways of Opportunity for Young Leaders
May 8, 2024 (Los Angeles, CA) —The Milken Institute today celebrated the latest class of its Historically Black Colleges and Universities (HBCU) Fellowship program at its 2024 Global Conference in Los Angeles. The fellowship program, now in...New partnerships, expanded programming bolsters outcomes and awareness in the financial sector.
-
The Milken Institute Ranks the Best U.S. Universities for Technology Transfer
LOS ANGELES – April 20, 2017 – The Milken Institute today released a new report ranking more than 200 universities across the United States for their prowess in developing basic research into new technologies, products and companies – a...Read Article -
Supporting the Growth of California's Life Sciences Industry
The life sciences are a cornerstone of technological innovation in California. Local firms, laboratories, and universities perform cutting-edge research and development (R&D) activities that have led to numerous technological breakthroughs...Read Report11 11 11Alissa Dubetz, Matt Horton, and Aaron Melaas -
New Models for Funding Post-Secondary Education in Illinois
In June 2020, the Milken Institute, in collaboration with the State of Illinois' Treasurer's Office, organized two virtual Financial Innovations Labs® to discuss new ways for students to fund their post-secondary education. The Lab brought...Read Report