www.execunet.com March 17, 2005 — Despite rising oil prices and interest rates, ExecuNet's Executive Employment Outlook reached a new high in March, as executives grow more confident in the economy's ability to generate new jobs in the months ahead.
According to the survey of 193 executives, 70% are "confident" or "very confident" the executive employment market will improve in the next six months – up from a fourteen-month high of 65% in February. Twenty-one percent (21%) are "somewhat confident" and 9% are "not confident" the job market will get better during the next six months.
Forty percent (40%) of executives describe conditions in the executive employment market during the past 30 days as "improving."
"The executive employment market is on a roll," says Mark Anderson, President of ExecuNet. "With more companies turning their attention toward recruiting, an increasing number of executives are looking to take advantage of stronger market."
Among executives actively looking for a new opportunity, time spent in a job search averaged 4.8 months – down significantly from 6.5 months in February 2004. During the past 30 days, they had an average of 2.7 interviews.
ExecuNet, a career management and recruiting network for executives and recruiters, is a recognized authority in executive hiring and recruiting trends. ExecuNet helps members identify career opportunities and attain professional success by providing exclusive job postings, opportunities and tactics designed to expand personal and professional networks, and career advancement strategies.
Founded in 1988, ExecuNet also serves recruiters and corporations as a leading source of top-tier executive talent and proprietary research. For more information on ExecuNet visit www.execunet.com
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