Job Growth Continues at High-End.TheLadders.com Quarterly Executive Job Market Trends Report Takes Pulse of Nationwide $100,000+ Job Market NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The US economy unexpectedly lost 4,000 jobs in August - the first payroll decrease in four years - sending shockwaves throughout the stock market. Is this the beginning of an employment downturn, or just a short-term blip? According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. data tabulated by TheLadders.com, the world's leading online marketplace for $100k+ jobs, hiring activity at the upper end of the job market shows no sign of slowing down. The company's Quarterly Executive Job Market Trends Report for Q307, which tracks hiring patterns in 20 major cities and surveys in-the-trenches job seekers job seeker also job·seek·er n. One who seeks employment. nationwide, found stability across a variety of metrics metrics Managed care A popular term for standards by which the quality of a product, service, or outcome of a particular form of Pt management is evaluated. See TQM. . "The $100k+ job market is simply not slowing down," said Marc Cenedella, president and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of TheLadders.com. "If we use what is happening in the high end market as a measure of things to come, we may soon be seeing an increase in hiring activity across the board." Regional Job Market Analysis TheLadders.com's Quarterly Executive Job Market Trends Report measured hiring activity across a variety of metrics and found the hottest $100,000+ job markets to be New York, San Francisco San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Boston, Seattle and Chicago. New York remains the land of opportunity among job seekers; it currently attracts the highest number of job-seekers from other parts of the country. The prospects for job seekers are also strong in New York with the ratio of job-seekers to job postings currently sitting at an attractive 3:1. Among the firms doing the most high-end hiring in the region are JPMorgan Chase JPMorgan Chase (NYSE: JPM TYO: 8634 ) is one of the oldest financial services firms in the world. The company, headquartered in New York City, is one of the leaders in investment banking, financial services, asset and wealth management and private equity. With assets of $1. , The McGraw-Hill Companies and General Electric. Elsewhere in the U.S., the ratio of job seekers to available jobs is even stronger. Cities currently boasting a 2:1 ratio of job seekers to open positions are San Francisco, Washington, D.C. and San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. . Companies doing the most high-end hiring in these markets include: Google, Fannie Mae Fannie Mae: see Federal National Mortgage Association. and Qualcomm. Tampa and Detroit are among the tightest markets in the 20 DMAs. Neither is currently drawing much attention from out-of-state job searches and there is stiff competition for every available opening. Job Seeker Survey As part of TheLadders.com Quarterly Executive Job Market Trends Report, active job seekers throughout the country were asked to weigh in with their own first-hand accounts on the status of the current job market in their cities. Job seekers were asked questions such as: How stable is the job market in your city? Do you feel that there are more opportunities in cities outside of your own? Where are the best opportunities? Sentiment about the stability of the high-end job market was particularly strong among active job seekers. A 57 percent majority described the high-end job markets in their cities as either "stable" or "somewhat stable." An additional 15 percent described their local job markets as "very stable (and growing!)". Just over half of respondents In the context of marketing research, a representative sample drawn from a larger population of people from whom information is collected and used to develop or confirm marketing strategy. said that now is a better time than last year to be looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. a new job, and a 67 percent majority expect their job searches to take less than 6 months. Although the majority of job-seekers cited the stability of the high-end job markets in their cities, many believe that they would be better able to reach their career goals elsewhere. The city receiving the most votes as the best place for job seekers was New York. And, judging by the survey results, many executives would be willing to relocate re·lo·cate v. re·lo·cat·ed, re·lo·cat·ing, re·lo·cates v.tr. To move to or establish in a new place: relocated the business. v.intr. for a shot at a great job offer; 74 percent of respondents said they'd leave their current cities for an out-of-town assignment. Complete city-by-city data and survey results are available at the following link: http://www.theladders.com/static/boom/ . Please contact John Roderick John Roderick is the lead singer and guitarist in the band The Long Winters. He was born in Seattle but grew up in Alaska. He started playing guitar in high school but never really bothered to get good until many years later when all his other options had dried up. at 631-656-9736, or john@jroderick.com to receive more information. About TheLadders.com: TheLadders.com is the world's largest online service catering exclusively to the $100k+ job market. The company's mission is to make the search for senior talent and senior positions quick and effective. With access to the most $100k+ job leads in one place, senior level professionals can get to the next steps in their careers faster. Top recruiters value the ability to quickly and easily connect premier talent in the sales, marketing, finance, HR, legal, tech and operations industries. Founded in 2003 by Marc Cenedella, TheLadders.com has grown into the largest specialty employment website in the world, with over 1,500,000 members and over 35,000 recruiters. In addition to traditional job search services, TheLadders.com also provides a host of specialized career development resources, including a proven, one-on-one resume service; advice from career experts; customized online profiles; and e-mail alerts. TheLadders.com is headquartered in New York with offices in London. For more information, please visit www.theladders.com or www.theladders.co.uk. |
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