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Market turbulence impacts global recruiting industry

Nonprofit and trade group recruiting remained stable, despite decline in key sectors of the retained search industryMay 23, 2008 Faltering global markets dealt a blow to the executive search industry in the first quarter of 2008, with searches for financial services leaders down 7.2 percent year-over-year. Nonprofit searches offered better news, with business up 25 percent and that sector’s market share stable at six percent, according to the Association of Executive Search Consultants quarterly State of the Industry report, released May 22. Declines in other key sectors of the retained search industry, including professional services, followed broader trends of economic… Read More