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Press Center Home Market Trends


 Market Trends


  • Recruiter Confidence Index

  • Search Firm Hiring Index

  • Executive Job Market Intelligence Report 2008



  •  
    Recruiter Confidence Index
      Confidence In The Executive Employment Market
    — Next 6 months

    Recruiters See Pockets Of Hiring Growth, Despite Economic Challenges

     


    Source: ExecuNet

    Summary Analysis:

      While the U.S. unemployment rate reached its highest level in four years in July, search firms continue to report strong demand for executive talent in several industries, indicating that job growth at the top of the market is not moving in lock step with Labor Department data.

    According to a recent survey of 147 executive recruiters conducted by ExecuNet, the executive business, career, and recruiting network, 71 percent expect at least a 10 percent increase in search assignments received from corporate clients during the next six months. The industries expected to generate the greatest growth in six-figure job opportunities during this period of time include:

    Top Industries For Executive Level Job Growth
    1. Healthcare
    2. Energy/Utilities
    3. Life Sciences
    4. High–Tech
    5. Business Services
    "Despite several well-documented economic hurdles, pockets of growth remain in the executive employment market," says Mark Anderson, President of ExecuNet. "The rapid rise of the Energy and Utilities sector is particularly notable. Having spent much of the past decade below the radar of many recruiters, companies within these industries are increasingly relying on executive search firms to grow their leadership teams."

    The survey also reveals that concerns about the economy's prospects are indeed impacting the executive search industry's outlook. Approximately half of all executive recruiters (49 percent) are confident or very confident that the executive employment market will improve during the next six months – down from 64 percent in June.



     


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