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Its not so good as far as I see, I mean WLB.
If you stretch and work upto their expectations you should be getting good job security.
Depends on project. WLB will be hectic in most of the projects but if you plan your work and time well then it would not matter. In the end client needs a working software within the committed time.
Be confident and clear with basics.
Job security is there but WLB hard to get as per my experience..