As we kick off the New Year, the candidate-driven market that MRINetwork has been observing in the executive, managerial and professional sector is projected to become an even greater challenge in 2014. The media is increasingly making note of this trend, referenced as "overwhelmingly candidate-driven" in the most recent MRINetwork Recruiter Sentiment Study, as exceptional candidates with specialized skills gain more leverage due to a shrinking talent pool. The reality is that employers must compete like never before to bring in the best people to lead their organizations into the workforce of 2020 and beyond.
According to data reported in the U.S. Bureau of Labor Statistics, the nation's unemployment rate dipped marginally in January to 6.6 percent, down just a bit from December, making it the lowest monthly rate since October 2008. Employment rose in almost every sector, with thousands of jobs added throughout the month.
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