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.
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.
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.
No Replies to "Recruiter Confidence Update: "Sunny with a Chance for Clouds""