One thing that remains uncertain for the future is the speed at which hiring will pick back up. Several analysts say that the level of unemployment rests in the volatility of the market forces, but recent articles are speculating a speedy recovery of the executive employment market. The recession has put many current executives’ retirement on hold but as the security of their retirement begins to return, companies are seeing a greater need for replacing their long time executives.
A recent press release by ExecNet reveals a growing confidence among recruiters for the future of executive employment in America. ExecuNet cites that amongst its 172 recruiter surveyed “56 percent are confident or very confident the executive employment market will improve during the next six months”. Although the speed of executive hiring may not return as it did in 2001, hiring in the business leadership market will soon be picking back up.
Mayclim, Troy. "Top Of Employment Market Stabilizing ." www.execunet.com. N.p., n.d. Web. 29 Oct. 2009. .
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