fully…a further comment on how “the crisis” is affecting downunder
(snip - this morning - Sydney Morning Herald)
A GENERATION of young Australian expatriates are being forced home from New York and London due to the tightening job market in the finance industry.
There has been an increase in the number of expatriates looking for work back in Australia, recruiters told the Herald.
The finance recruitment company Michael Page registered a 27 per cent rise in the number of Australian white-collar expatriates looking to return home for work in August compared with the same month last year.
The number of US applicants accessing the company’s Australian jobs site has also tripled in that time. “It is getting very competitive for jobs in the London and New York markets so people are looking to areas where the economy is performing better,” a company spokesman said.
“We’ve seen huge interest in centres like Hong Kong and Singapore, and of course for Australians working overseas there’s been a huge interest in jobs back home.”