Relocating for a Job May No Longer Be an Option

Relocation is less of an option for many job hunters, reports CNN Money.

The biggest reason is that, with so much talent around, employers are less willing to pay to relocate a new hire, including buying the house. According to a new study by outplacement firm Challenger, Gray & Christmas, during the third quarter of 2010, relocations dropped to a record low of 6.9 percent, down from 13.4 percent during the same period in 2009.