BUSINESS
11/13/2008 05:12 am ET Updated May 25, 2011

More Americans Head Overseas For Jobs

The Wall Street meltdown has already left tens of thousands of American financial professionals unemployed, and thousands more may face the same fate. The crisis, a weak economy and increased competition for available jobs are sending some professionals running for the border.

Executive recruiters say more professionals, especially those in finance, have been inquiring about opportunities outside the U.S. in the past few months. Some undergraduate finance and M.B.A. students are refocusing their job searches from Wall Street to overseas. And it's not just the typical globetrotter -- the young and unattached -- looking for work outside the U.S. In a number of cases, people with families say they are willing to uproot the entire clan for the sake of job stability.

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