Executive jobs in Connecticut added

Posted on August 13, 2012

Executive jobs in Connecticut are being added, according to new data from ExecuNet.

In their newest survey, ExecuNet found that 39 percent of recruiters were confident the executive hiring market would improve in the next six months, while the Executive Job Creation Index reflected this with a slight uptick. Although 1-in-5 companies expect to add executive jobs in the next six months, 1-in-4 plan to freeze executive hiring and take a “wait and see” attitude for the next six months.

What’s clear is that there continue to be pockets of opportunity in this slow growth market, but they are narrowing, as more and more companies wait to see what changes in world growth or hope the clarity in Washington will reshape the future soon,” said Mark Anderson, President and Chief Economist for ExecuNet.

“While the Healthcare sector continues to show substantial growth, the biggest changes in opportunity came in sectors focused on the consumer. Consumer spending had been a major driver in the economy in the fourth quarter of last year and the first quarter of this year. With the decline in consumer confidence in the last several months, unfortunately, expectations for hiring in consumer products, retail and manufacturing sectors have declined more than other industries,” Anderson said.

The Executive Recruiter Confidence survey, revealed the top five growth industries for executive hiring in the next six months, including healthcare, High Tech, Life Sciences (Pharma/Medical/Biotech), Business Services, and Energy/Utilities.

ExecuNet surveyed 168 executive recruiters for the survey.

The functional roles where executive recruiters expect the greatest demand in the next six months, Business Development, Sales, Marketing, Engineering, Operation Management.

Fewer than 3 percent of companies expect to eliminate executive jobs in the next six months — so there is no indication that there will be retrenching soon.