Job recruiters in the South are facing hurdles to attract skilled professionals from the Midwest despite offering competitive compensation packages, according to a Bloomberg report published Friday. That’s because many of these potential hires are locked into super-low 30-year mortgages.

During the fourth quarter of 2023, the proportion of job seekers in the U.S. who relocated for employment dwindled to a mere 1.5%. That marked the lowest level on record, according to a survey by Challenger, Gray & Christmas. 

Janet Rivera Jones, founder of Florida-based 5 Star Global Recruitment Partners, told Bloomberg that potential hires who are details ⇒

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