From the Herman Trend Alert newsletter (sorry, no link):<\/p>\n
The economic slowdown here in the United States is not having the expected effect on the demand for qualified executive talent. ExecuNet’s “2008 Executive Job Market Intelligence Report” finds that increasing demand, along with a shortage of qualified talent and sustained economic growth overseas, are driving better than expected job growth at the executive level.(http:\/\/www.execunet.com\/marketreport)<\/a><\/p>\n
The sectors with the highest demand are High Tech, Healthcare, Business Services, Pharmaceuticals\/Biotech, and Energy\/Utilities. The factors credited with the continuing demand for executive talent are an aging workforce and global economic growth, despite the looming threat of recession.<\/p>\n
The report also finds, in spite of the evidence that the economy could continue to shed temporary and entry-level jobs, recruiting and retaining of executive-level talent will remain “a challenging priority” in 2008. More than 70 percent of search firms and corporate human resource professionals believe there is a shortage of executive talent, and two-thirds (67 percent) say the war for executive talent has intensified over the last year, amid increasing economic uncertainty. No longer is the United States economy the sole determinant of executive demand.<\/p><\/blockquote>\n
The global economy certain provides a bit more insulation to a slowdown in the U.S. economy.<\/p>\n","protected":false},"excerpt":{"rendered":"
From the Herman Trend Alert newsletter (sorry, no link): The economic slowdown here in the United States is not having the expected effect on the demand for qualified executive talent. ExecuNet’s “2008 Executive Job Market Intelligence Report” finds that increasing demand, along with a shortage of qualified talent and sustained economic growth overseas, are driving better than expected job growth at the executive level.(http:\/\/www.execunet.com\/marketreport) The sectors with the highest demand are High Tech, Healthcare, Business Services, Pharmaceuticals\/Biotech, and Energy\/Utilities. The factors credited with the continuing demand for executive talent are an aging workforce and global economic growth, despite the looming threat of recession. The report also finds, in spite of… Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,5],"tags":[285,604,36,50],"class_list":["post-1543","post","type-post","status-publish","format-standard","hentry","category-hiring","category-trends","tag-2008-hiring-trend","tag-executive-hiring","tag-executive-recruiting","tag-hiring-trend"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-oT","jetpack-related-posts":[{"id":1701,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/08\/a-candidate-shortage\/","url_meta":{"origin":1543,"position":0},"title":"A Candidate Shortage","author":"Derrick Moe","date":"August 11, 2008","format":false,"excerpt":"CNNMoney.com reports on a specific area that is experiencing a hiring problem - lack of candidates: Despite the slump at lowlier levels of the job market, there's currently a war for senior management talent. In fact, 70% of executive recruiters surveyed by networking organization ExecuNet (www.execunet.com), say there's a shortage\u2026","rel":"","context":"In "Generations"","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1318,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/12\/worklife-balance-and-relocation\/","url_meta":{"origin":1543,"position":1},"title":"Work\/Life Balance And Relocation","author":"Derrick Moe","date":"December 4, 2007","format":false,"excerpt":"Work\/life balance is a hot topic as the younger generations flood into the work world and Baby Boomers start checking out.\u00a0 One are that I haven't considered is the effect this balance will have on relocation.\u00a0 Forbes.com's Travel Sick? article does take up this topic (my editing): Throughout the country\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":2449,"url":"http:\/\/selectmetrix.com\/blogs\/2010\/10\/a-secondary-effect-of-the-recession\/","url_meta":{"origin":1543,"position":2},"title":"A Secondary Effect Of The Recession","author":"Derrick Moe","date":"October 20, 2010","format":false,"excerpt":"Most people agree that there will be a demand for workers as soon as we start the recovery process (no, I do not subscribe to the idea that the recession ended in June of 2009).\u00a0 Companies are running in a most efficient manner right now due to the fact that\u2026","rel":"","context":"In "Generations"","block_context":{"text":"Generations","link":"http:\/\/selectmetrix.com\/blogs\/category\/generations\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1703,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/08\/2-jobs-in-1\/","url_meta":{"origin":1543,"position":3},"title":"2 Jobs In 1","author":"Derrick Moe","date":"August 12, 2008","format":false,"excerpt":"The Wall Street Journal offers an article about companies combining 2 jobs into 1 and then hiring based on the lower level job.\u00a0 The author explains it better than me: Some job hunters have been encountering a new kind of downsizing: companies that aren't eliminating positions entirely, but are combining\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1650,"url":"http:\/\/selectmetrix.com\/blogs\/2008\/07\/countercyclical-market-segments-are-hiring\/","url_meta":{"origin":1543,"position":4},"title":"Countercyclical Market Segments Are Hiring","author":"Derrick Moe","date":"July 8, 2008","format":false,"excerpt":"The Career News (sorry, no link) references an article regarding job market growth in 3 specific sectors (my bold): While hiring in the financial and consumer discretionary sectors has clearly been impacted by the continued fall-out from the mortgage market collapse, the technology, healthcare and defense sectors are all adding\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"http:\/\/selectmetrix.com\/blogs\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1280,"url":"http:\/\/selectmetrix.com\/blogs\/2007\/11\/worklife-balance-has-reached-executives\/","url_meta":{"origin":1543,"position":5},"title":"Work\/Life Balance Has Reached Executives","author":"Derrick Moe","date":"November 9, 2007","format":false,"excerpt":"BusinessWeek.com offers up a good summation of today's hiring market in terms of executive recruitment.\u00a0 We could have wrote this article - it describes exactly what we are encountering in a couple of executive searches. Let's unpack a couple points from the article: This new environment requires that executive headhunters\u2026","rel":"","context":"In "Hiring"","block_context":{"text":"Hiring","link":"http:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1543","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=1543"}],"version-history":[{"count":0,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/1543\/revisions"}],"wp:attachment":[{"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=1543"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=1543"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=1543"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}