Confidence in the Executive Employment Market

Assignments are slowing, hiring plans are on hold, and confidence is plunging.

That is the evidence from the latest ExecuNet survey of 164 executive recruiters, with 28% confident or very confident the executive employment market will improve in the next six months – down from 36% last month.

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“While recruiters’ outlook for the first half of the year has become more bearish, the jobs posted in our membership in non-cyclical industries including consumer staples, medical devices, healthcare, and government are generating more new opportunities this year than in 2008,” says Mark Anderson, president of ExecuNet.

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In addition, he says, recruiters do not see their business prospects changing in the next few months, as their short-term confidence also slipped.

In February, just 12% of recruiters reported being confident or very confident the executive employment market will improve during the next three months – down from 16% in January.

Elaine Rigoli has nearly 15 years of experience managing content and community for various B2B and consumer websites. Elaine has written thousands of business and technology articles and has been quoted in The Wall Street Journal and eWeek, among other publications.

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2 Comments on “Confidence in the Executive Employment Market

  1. This article illustrates why many recruiters should be changing specialities right now to our specialty…placing transitioning military candidates…no speed bump in that market.

  2. Elaine, LOVE these stats. Very important to know. I heard a speaker on sunday at church. Yes, I go to one of those new age churches that has motivational speakers. This guys name is Dave Ramsey and he speaks about wealth and debt. One thing he said that I think was very powerful is….While media is touting the highest unemployment rate in years, what they are not saying is with an 8% unemployment rate comes a 92% EMPLOYMENT RATE. You know I am not a whamsy pamsy pie in the sky kind of girl, however something has got to give. How about the glass being half FULL or 5/8ths full. It is time for US as an industry to BUCK up and CHANGE WITH THE TIMES. The SKY IS THE LIMIT AND IT ALWAYS HAS BEEN IN THE STAFFING AND RECRUITING INDUSTRY ! Just thinking out loud. Margo

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