The Executive Talent Demand Index (ETDI) increased 2% during the second quarter of 2003 when compared with the second quarter 2002. After falling 17% in 2002 and remaining flat (0%) in the first quarter of 2003, the executive employment market is beginning to show signs of strength and stability.
Up 30% in the first quarter, demand for MIS/IT executives continues to climb in 2003, increasing 15% during the second quarter. Human Resources (9%), Finance (4%), and Sales and Marketing (3%) executives also benefited from an above average increase in the number of executive-level job opportunities available during the second quarter.
Demand for General Management executives posted the most significant decrease of all functions, dropping 13%. Operations Management and Consulting executives each experienced a 3% drop in demand.