This week I had the good fortune to stumble across a recent YouTube video from Mark Anderson, president and chief economist of Execunet. And…his news and predictions were more than encouraging for job seekers and recruiters that have been bottom fishing in one of the worst job markets any of us have ever seen. The Recruiter Confidence Index soared in June and it appears that the job market may have reached a bottom. We can only hope so – right! In the chart below the lines on the graph are finally heading in the right direction!
Good news!
Confidence in the Executive Employment Market
Next Six Months
I don’t wake up each day waiting on someone to give me the news I need to modify my firm’s strategy. You have to look at your own market niche and activity and make decisions that you can live with. I get that. But we are all so hungry for good news – this news could not be better. While we may not be out of the woods yet – better days are clearly ahead. We have seen a surge in my firm in the last few weeks that lead me to believe that Execunet has their finger on the pulse. Activity is up considerably and that drives everything.
The company’s that “get it” are already working on their hiring plans and have started searching for talent while others are still cautious and waiting on the sidelines until the market has officially made the turn. The smart employers are in the first group and will be in a position to pick and choose from a very healthy stable of candidates while those with a more conservative approach will …well you know how this will play out…
Let’s keep our fingers crossed that the job market is finally turning. But, let’s not forget where we’ve been. I certainly won’t!
Let’s get ready to rumble – let the games begin!
