Here's One Labor Market Indicator That's Soaring

This headhunting firm is an under-the-radar read on labor

Inside A Job Fair As Initial Jobless Claims in U.S. Decline More Than Forecast

Welcome aboard. A job seeker shakes hands with a recruiter.

Photographer: David Paul Morris/Bloomberg

Today, shares of Korn/Ferry International, the world's biggest headhunting firm, are rising after the company reported a 20 percent jump in fourth-quarter earnings.

And its 30 percent rally in the last six months tells you that people with the best credentials—Korn/Ferry's specialty—are doing well.

Last night, the company reported that activity levels picked up—especially in North American executive search, up 10 percent year-over-year.

And, interestingly, its financial-services business—including capital markets and banking—was up 17 percent year-over-year. 

Another indicator of (even) better pay on the high end? The company also had more "upticks" than usual, meaning that payouts to individuals were at higher-than-anticipated levels for the position.

Sidenote: Keep an eye on them. They could be the search firm behind the next big chief executive search (hint: Twitter) or succession plan (hint: 21st Century Fox), though they probably won't reveal it.

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