But I reckon that the jobless out there will still take up the employment contract for a few months rather than be unemployed till 2010 next year.
Some of my friends in the HR recruiting line have also told me that even fresh Uni grads are currently taking up clerical positions for the time being. For those diploma/A level/O level holders, this makes it even tougher to find a clerical job!
Reminds me of the situation during the Tokyo depression whereby waiters and cab drivers were university grads.
My ex-colleague just asked me if I knew anyone who's interested in working in the hotel line actually. I don't know what position, but gotta warn you that it's likely to be a pretty crap job, low pay and long hours, but if you're really that desperate, can PM me for the contact details.