Executive recruiters are gaining confidence that the broader economic recovery will move more employers to add new executive jobs to their payrolls over the next six months.

In October, 55 percent of the 164 search firm respondents to ExecuNet's benchmark Recruiter Confidence Index expressed they were either "confident" or "very confident" the executive employment market will improve during that time, based on the growth-related hiring plans of corporate clients and prospective clients.



That was up five points from the September tally, and nine points from August. It was also in line with projected hiring by executive search firms to keep pace with an increasing demand for management-level talent.

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 above 50 percent 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.

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