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Published on: Friday, June 11, 2010

Don’t Lose Your Perspective with Last Week’s Employment Numbers…

Posted By: Mark Anderson
Filed Under: mark anderson, the economy
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The release of the US employment numbers last Friday (6/4) disappointed the stock market and media pundits but should not be seen as totally disappointing in terms of long-term trends.

Executive jobs are being created (over 30 percent of companies we survey say they are adding jobs). And, if you average the US job creation over the past several months, it continues to tell a positive story for the economy and employment market — though this remains slow and steady growth.

Our own surveys say recruiters are expecting an 18 percent increase in assignments in the next 12 months.

We continue to keep our members informed of where the jobs and opportunity are and are being created. We can tell you that our recognized leading indicators for the economy show that 65 percent of recruiters are confident that there will be a significant improvement over the third and fourth quarters. Almost 50 percent of recruiters tell us that the improvement is happening right now with increased searches. These searches will appear in the employment numbers in coming months.

If you are thinking about making a move, don't hunker down as a result of the report. Now is the time to become more visible and make sure you don't miss opportunities.


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Mark Anderson 's avatarMark 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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