job prospects with physics and engineering degree?

That's hard to tell.

What was your area of concentration in physics? EM waves? Quantum physics? Semiconductors?

Now, what is your area of focus in the EE degree? RF? Semiconductors? VLSI?

If the two degrees focused in the same areas, then you should be fine. If not, that could have some impact in your concepts. Nonetheless, a MSEE is no joke and always has good job prospects.

First off all there are tons of engineering jobs out there if your willing to relocate or travel for work. If you don't want to leave the neighborhood your from, then ya the economy might suck where you're from. A friend of mine got a degree in Physics and he worked for two years as a structural engineer, but eventually he couldn't get promoted till he got an engineering degree. So he went back and got his second degree in EE. Just get a degree in Mechanical Engineering and there are tons of jobs in varies fields related to ME. I work as an Aviation engineer designing aircraft for the military and half of my team are Mechanical dudes.