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Job Slowdown? Headhunters Are On A Roll, Revenue For Executive Searches Is Up

Benzinga ·  Sep 10 04:39

Last week's jobs report sent the stock market into one of the worst weeks for Wall Street since the start of the year.

While hiring appears to be weakening, the trend is going in the opposite direction for executive-level positions.

That's according to data shared by headhunting firmKorn Ferry(NYSE:KFY) in its latest earnings call.

The talent acquisition service reported a 6% increase in revenue from its executive search arm in North America, as compared to the same period last year. The segment also accounted for 31% of its revenue during the latest quarter, as per earnings...

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