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Good News for Managers- Job prospects look good


Neil D

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Job market brightens for managers, execs

Report: The job market for unemployed managers and executives has its best showing since 2001.

April 18, 2005: 10:44 AM EDT

NEW YORK (CNN/Money) - The job market for unemployed managers and executives had its best showing since 2001 in the first quarter, global outplacement firm Challenger, Gray & Christmas said Monday.

Job-seeking managers and executives found positions faster. The amount of time it took to win new positions dropped 5 percent to 3.16 months, the lowest level since 2001.

The report also showed that the percentage of managers and executives winning equivalent or better salaries rose 5.8 points from 85.8 percent in the fourth quarter to 91.6 percent in the first quarter, the highest percentage since 2000.

CNN Money

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