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After rising to the highest level since 2006, relocation among job seekers slowed in the second half of 2009, with only 7.3 percent of fourth-quarter job seekers taking positions in new towns. That is the lowest relocation rate on record, according to a report released Monday by global outplacement consultancy, Challenger, Gray & Christmas, Inc.

Relocation by job seekers peaked in the second quarter of the year, when 18.2 percent moved for new positions. That was the highest relocation rate since the second quarter of 2006, when an identical 18.2 percent of those finding positions relocated.

The new findings come from the latest Challenger Job Market Index, a quarterly survey of approximately 3,000 job seekers from a variety of industries nationwide.

In 2009, job seekers were far more likely to change industries than relocate. Over the year, an average of 36 percent of those finding new positions switched industries. That was down slightly from a 2008 annual average of 39 percent.

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SOURCE: Challengeratworkblog