INTERNATIONAL JOB SEARCH USA MARKET REPORT

2008

After 52 straight months of positive job generation, a record, it is clear that the US job market will experience weakness in 2008. An interesting trend is that we have seen an increasing amount of US citizens undertaking an international job search with Asia, the Middle East and Europe the most favored locations. The strategy is sound. The best way of riding out an economic downturn is to relocate to markets where there is expansion. The added benefit is that when you return you have added overseas experience to your resume. In addition many overseas locations offer higher salaries and tax rates between zero and 15%.

2007

Nov. 2007 - Despite fears of a slowdown precipitated by the housing credit crunch, demand for qualified IT professionals remains strong. Hirers report that salary expectations for technology professionals show anticipated gains in a range of 5-8% in 2008.

2006

Another poor year for the manufacturing executive job sector with many US corporations outsourcing particularly to China and elsewhere in Asia. Executive job demand was strongest in Washington D.C., Miami, Orlando, Dallas, San Francisco and Los Angeles. States with strongest executive employment markets were California, Texas, Georgia and Pennsylvania. Service sector and in particular Legal and Accounting are strong as are IT, Pharma, Medical and Biotech. Good demand for General Managers, Sales and Marketing, Financial and IT staff across most executive employment sectors.

2005

2005 was a challenging year for executives conducting a job search in the usa. However, on the bright side a majority of candidate's are optimistic about 2006. In terms of best performance we saw strong demand for executive jobs in Florida, Washington D.C., Texas, Mass. and California. New York was flat and little changed over 2004 with a similar situation in Chicago. Best sectors were IT, Finance, Healthcare, Pharma, Accounting and Legal with Manufacturing the weakest.

2003

Jobless rate rose to 6.1% but the economy appears very resilient. As in 2002 good demand seen for executives particularly those with international business skills. With improving stock markets and consumer demand a gradual executive job improvement is forecast. Key to successful job search remains to be comprehensive marketing. Average mailings in the USA have risen over the past few years with some senior executives now sending 10,000+ resumes.

2002

2001 and 2002 will be remembered as the years when corporate profits fell and corporate costs were cut in an effort to increase the bottom line. You would imagine therefore that the number of managers employed would have fallen. Wrong! Despite daily reports of thousands of lay offs the axe did not appear to fall at executive level and certainly not at board level.

Bureau of Labor Statistics released late in the 1st Qtr. 2002 show that managerial employment rose by 2.9% in 2001. This mirrors our own statistics that still show that it remains difficult for corporations to source well qualified executives particularly in the North East and West Coast. Send those resumes out now!

Job opportunities uncovered by International Job Search have included;

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