A recent survey conducted by ExecuNet, a leader in executive-level job and networking opportunities, reveals executives have lowered their expectations for the employment market during the second half of the year.
According to the survey of 149 executives, 26% are ìconfidentî or ìvery confidentî the executive employment market will improve in the next six months down from 32% in June. Fifteen percent (15%) are ìnot confidentî and 58% are ìsomewhat confidentî the job market will get better in the second half of 2004.
ìExecutives are less confident in the employment market than recruiters, which is typical at this stage of a recovery,î says Mark Anderson, President of ExecuNet. ìWhile the employment market continues to improve, competition among candidates remains strong.î
Those who describe conditions in the executive employment market over the past 30 days as ìimprovingî dropped from 46% in June to 38% in July.
Executives who are currently unemployed expect their job search will take a total of 11.8 months - nearly unchanged from 11.7 months in June. In the past 30 days, they had an average of 2.8 interviews - up from 2.6 one month ago.
ExecuNet, a career management and recruiting resource center for executives and recruiters, is a recognized authority in executive career and recruiting trends. It helps members identify career opportunities and attain professional success by providing exclusive job postings, opportunities and tactics designed to expand personal and professional networks, and career advancement strategies.
Founded in 1988, ExecuNet also serves recruiters and corporations as a leading source of top-tier executive talent and proprietary research. For more information on ExecuNet visit
Executive Confidence Dips
Survey reveals executives have lowered their expectations for the employment market during the second half of the year.