Americans no longer want to move for work. Here's why.

After two years of grousing that no one wants to work anymore, America's employers might have a new line of complaint: No one wants to move.

After steadily falling for decades, the rate of Americans moving for work fell to a record low of just 1.6% in the first three months of the year, according to Challenger, Gray & Christmas.

"This is the lowest quarterly result that we've seen, among all the job seekers we've worked with, since 1986," the company's senior vice president, Andrew Challenger, told CBS MoneyWatch.