A significant amount of young people report they are not willing to stay or relocate to states with abortion bans. In collaboration with Generation Lab Youth Poll, CNBC conducted a study of 1,033 people between the ages of 18 and 34. Of those surveyed, 62% reported they would “probably not” or “definitely not” live in a state that has banned abortion. When asked if they would accept a job offer in a state where abortion is illegal, 45% said they would ‘definitely reject’ or probably reject’ the offer, whereas 35% would ‘probably accept’ and 20% would ‘definitely accept.’ The study’s findings reveal a potential long-term issue with the economy, despite current economic booms, due to corporation relocation.
Large corporations like Oracle, Charles Schwab, and Tesla have moved operations to Texas. The Lone Star State offers significant savings for these companies. The taxes are much lower than those of their previous headquarters, and due to the lower cost of living, they can save money on payroll. But despite saving money on taxes and talent, will these large corporations continue to be able to employ young people to keep up with their enterprise?
Since the overturning of Roe v. Wade in 2022, more than 20 states have either completely banned abortion or severely limited access to the procedure. The findings in the CNBC and Generation Youth Poll’s survey suggest that state abortion bans could greatly impact where future generations decide to live and work.
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