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Executive Job Index Edges Up In March
www.execunet.com - April 3, 2003 - ExecuNet, a career management and recruiting resource center for executives and recruiters, today released its Executive Job Index (EJI) data through March 29, 2003. Calculated biweekly since 1997, the EJI measures hiring trends in the executive employment market. The Index now stands at 200 (1997=100), up from 178.3 at the end of February. After reaching a 52-week low during the week of December 29, 2002, the EJI has improved for three straight months.
"The number of executive job openings continued to increase in March," says Mark Anderson, President of ExecuNet. "However, upon the realization that the war would not be short and smooth, executive demand leveled in recent weeks as companies started to become more reluctant to add to their payrolls amid economic uncertainty."
Executive Job Index
ALL EXECUTIVE JOBS AS OF 3/28/03
In March, there was above average growth in demand for MIS/IT, General Management, Consulting, and Sales and Marketing executives. Demand for Operations Management/Engineering, Finance, and Human Resources executives was below average during the month.
"In the past 30 days, growth in the executive job market has been fueled by companies looking to fill turnover," says Anderson. "Since the start of the war, very few companies have shown a commitment to creating new executive-level positions."
Click here for complete Executive Job Index (EJI) findings.
For 15 years ExecuNet has kept executives and recruiters informed of trends in the executive employment market. It is the "first source" executive and corporate recruiters use to find top executive talent. Founded in 1988, ExecuNet posts upwards of 25,000 executive jobs annually; provides information on salaries and market trends; hosts networking meetings in major metropolitan cities across the U.S.; and publishes four newsletters covering the latest tips, tactics, strategies, and resources for executive job search, career management, networking, and recruitment.
To speak with an industry expert about the state of the executive employment market or request selected industry growth rates, please contact Troy Mayclim at (914) 591-5599 or e-mail.
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