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Foreign markets are suffering from the economic recession as well, but not to the degree we have seen in the United States. As a result, many qualified American workers are looking abroad for stability in these uncertain times, according to The Wall Street Journal.
American financial professionals seem to be most interested in coastal cities in China, the Persian Gulf and Europe. Developing economies in India, Russia and Brazil are also considered attractive.
Executive recruiters say more professionals, especially those in finance, have been inquiring about opportunities abroad in the past few months. Some undergraduate finance and M.B.A. students are refocusing their job searches from Wall Street to overseas. And in a number of cases, people with families say they would pull up roots for the sake of job stability.
Originally posted by maudeeb
Maby this will send a wake up call - lost high level workers means lost tax revenue. If management personell are more willing to move abroad, then company HQ's will too.