Jan 11, 2009
Hi Cal
All sectors are affected especially those related to real estate. Mind you, construction went down because real estate is down and has dominoed to other sectors such as hospitality,consumer goods, manufacturing etc.
professionals are willing to take a cut on their salary to keep their jobs.
i work in the recruitment business and to tell you frankly i somehow sense a desperation when i am speaking with candidates. some sent the families back home since they cannot afford to keep them here anymore & would accept a job anywhere.
if you have a good job where you are right now... my advice is to stay put for now and wait it out until the economy improves. even if both of you find a job, if things go bad you will be the first to be retrenched because in organization restructuring the rule of thumb is "last in/first out". needless to say, relocating to another country is financially draining. also the rates for secretaries now if you are lucky and have uae experience the highest might be 5-6k but the average is 3-3.5k & the cost of living is not going down.
hope this helps!