New study shows more Americans moving abroad
Posted: December 6th, 2011, 4:30 pm
Here is an interesting story I saw on the news today, that more and more Americans are moving abroad for economic reasons. The study says, "economic possibilities seem brighter in places like Brazil, Russia, China or Latin America. Indeed, the State Department now estimates that 6.3 million Americans are studying or working abroad, the highest number on record."
The percentage of Americans aged 25 to 34 actively planning to relocate outside the U.S. has quintupled in just two years, from less than 1 percent to 5.1 percent.
"Those numbers have shot through the ceiling," said America Wave founder Bob Adams, who has run nine such surveys over the years. "They're very surprising, and not something I anticipated. They're looking for work because of the sluggish economy, and they've lost confidence that the U.S. is going anywhere."
Younger Americans seem even keener to look abroad, with 40 percent of those 18-24 expressing interest in foreign relocation, which is up from 15 percent two years ago.
"There's a feeling among more entrepreneurial Americans that if you really want to get anything done, you have to get out of country and away from the depressing atmosphere."
Here is the complete story:
http://www.cnbc.com/id/45567659
The percentage of Americans aged 25 to 34 actively planning to relocate outside the U.S. has quintupled in just two years, from less than 1 percent to 5.1 percent.
"Those numbers have shot through the ceiling," said America Wave founder Bob Adams, who has run nine such surveys over the years. "They're very surprising, and not something I anticipated. They're looking for work because of the sluggish economy, and they've lost confidence that the U.S. is going anywhere."
Younger Americans seem even keener to look abroad, with 40 percent of those 18-24 expressing interest in foreign relocation, which is up from 15 percent two years ago.
"There's a feeling among more entrepreneurial Americans that if you really want to get anything done, you have to get out of country and away from the depressing atmosphere."
Here is the complete story:
http://www.cnbc.com/id/45567659