Newsletter | July 2017
Message from the CEO
It is hard to think it has almost been about a decade since the Great Recession, where roughly nine million jobs were lost and the unemployment rate hovered around 10%.
 
Have we fully recovered? According to the latest data, it certainly seems like it.
 
The monthly unemployment rate has been steadily decreasing, and in May, hit the lowest it's been in 16 years.
 
The comeback is great news for both employers and employees, but having the pendulum swing the other direction means a new set of challenges for employers.  Job applicants now have more opportunities at their fingertips, creating a candidate-driven market where even employed professionals are continually keeping an eye out for better opportunities. The challenge to fill positions is even greater for the Life Sciences industry, which already faces a shortage of highly-skilled and experienced executives.
 
With candidates in the driver's seat, how can companies stand out as attractive places to work? Our feature article The 5 Ways Your Company Can Compete in a Candidate-Driven Market reveals the various factors contributing to the current job market, and how you as an employer can stay ahead of the game.
 
For over 10 years, Toft Group executive search consultants have remained a trusted partner in providing clients with exceptional candidates, despite an ever-changing talent landscape. If you're ready to start your next search, we're here to help.
 

Sincerely,

Robin Toft,  President & CEO

FEATURE ARTICLE
The 5 Ways Your Company Can Compete in a Candidate-Driven Market

With 60% of companies planning to hire in the second half of 2017, candidates are quickly becoming the drivers of the job market. And they know it. 

Learn the trends contributing to the candidate-driven market, and what your company can do to remain a strong player.

RECOMMENDED READING
3 Under-the-Radar Biotech Clusters for Job Seekers
By  Mark Terry , BioSpace.com

Boston, San Francisco, and San Diego are known as hot biotech spots, but there are  three large and growing biopharma clusters worth paying attention to.
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