Labor Market -
Cheryl Grimaldi
This is always good news. We will take sideways. In our niche of Executive Recruiting in Denver we are steady. Not crazy, not slow -steady. I thrive in BUSY and prefer it. But for all intents and purposes we will take steady. I do think the election had everyone frozen for a bit. As the world goes on - so does hiring. A few things we have noticed is that it is taking a bit longer for “C” level searches to hire. The “C” suite, CEO, CFO, CIO, COO, CTO, and CHRO are all taking twice as long to hire compared to our 2022 data. The accounting and finance positions are the only caveats to that marker - they need people and are hiring quickly.
- Healthcare hiring has slowed - not because they don’t need people but there have been big changes in several of Colorado’s top hospital systems -streamlining at the top.
- Denver's hiring of Executive Assistants and Chief of Staff remains stable - most hiring in this area is requiring specific skill sets. Still, in any economy, a top-level executive will always need support.
- Family offices are always hiring - they tend to slow in the holiday months.
Most of the national news is not reflective of Colorado business. Our companies remain healthy and strong. Some took this time to streamline after COVID and, in some cases, over-hiring.
Jobless claims fall to 7-month low, show labor market 'trending sideways at a healthy level'
Weekly unemployment claims continue to move lower as labor market data normalizes following hurricane disruptions throughout the fall.
Read more in Yahoo Finance: https://apple.news/AB2m0Jvg-SiiJ1Ff3kQCt5g
#labormarket #hiring #jobs
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