Noble Harbour Solicitors

Noble Harbour Solicitors

Picking out the Positives


'Executive jobs in several sectors expected to grow in 2009'

According to data released by the Association of Executive Search Consultants (AESC) several market sectors are expected to strengthen in 2009 despite the current world economic crisis.

Nearly a third (32%) of search consultants involved in the AESC research believe that executive job opportunities will increase in the healthcare sector. Search consultants also expect to see an increase in opportunities in the government, pharmaceuticals/biotech and natural resources fields.

Recruiting demand in the non-profit, education, professional services, media/entertainment and information technology sectors are expected to remain stable. Furthermore, the AESC members involved in the research predict that the global executive job market will rebound in the second half of 2009.

Peter Felix, President of the AESC, comments: “Despite the current state of the global economy, our members still see several bright spots for executive hiring in 2009. Other sectors will begin to step up their executive hiring as the current uncertainty dissipates and greater optimism begins to work its way into boardrooms.

“Typically executive search is an early indicator of renewed strength in the economy as organizations either upgrade or begin to invest in new executive talent. Given the extreme talent shortage which was being experienced in many sectors globally until the end of the third quarter last year our members are optimistic that strategic recruiting will pick up by the second half of the year.”

Article courtesy of  Gladeana McMahon

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