Published on: Wednesday, September 07, 2011
Economic Uncertainty Weighs on Recruiter Confidence
In August, ExecuNet's benchmark Recruiter Confidence Index revealed that 36 percent of executive search firm respondents are "confident" or "very confident" the executive employment market will improve over the next six months, down six points from July.
Confidence in the Executive Employment Market — Next 6 Months
Introduced in May 2003, ExecuNet's Recruiter Confidence Index is based on a monthly survey of executive search firms and recognized as a leading indicator for the economy and the executive job market.
A reading at 50 percent or above indicates recruiters are "confident" or "very confident" the number of executive search assignments launched by employers in the next six months will increase.
Joseph Daniel McCool
Joseph Daniel McCool is senior contributing editor with ExecuNet and principal of management recruiting/succession advisory firm The McCool Group. He is also the author of Deciding Who Leads: How Executive Recruiters Drive, Direct & Disrupt the Global Search for Leadership Talent, recognized widely as "one of the best business books of 2008," and its Brazilian Portuguese translation, Escolhendo Líderes, published in June 2010.