Recruiter Confidence Update: “Sunny with a Chance for Clouds”

Every month we survey executive recruiters about the executive employment marketplace. Through much of the 2nd Quarter of 2021, 7 out of 10 executive recruiters reported to us through our Recruiter Confidence Index (RCI) that they were “confident or very confident” that the executive job market would continue to be strong throughout the rest of the year.

In July, we saw the first real break in this picture as recruiter confidence dipped to 59%, which remains strong but is now well below the highs of the March/April timeframe.

rci-july-2021

At the same time, our exclusive Executive Job Creation Index (JCI) declined from an all-time high of +43 in May to +22 in July. This means that now 2 out of 10 companies are likely to be adding jobs in the next six months – off from the 4 in 10 levels indicated back in May.
jci-july-2021
Our overall assessment is that there will be a strong executive employment market throughout the fall but the “froth” is off the market as we head into the fall and winter.



Mark Anderson

Mark Anderson

Mark Anderson is ExecuNet's president and chief economist. An Arjay Miller Scholar, Mark received his MBA from Stanford University and a BA in economics from Yale University. He joined ExecuNet in 1993, with extensive marketing and new product and business development experience, having served as president and founder of A&M Associates, an investment management firm. Mark's corporate leadership experience includes several senior marketing and financial positions with RCA Global Communications (a GE subsidiary) and American Can Company.

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