Trends in the Atlanta Job Market Heading Into 2024

Metro Atlanta’s job base has increased over 5% since early 2020. According to the University of Georgia’s research, that’s the fifth-highest in the nation. The top four cities include Austin, Dallas, Las Vegas, and Orlando.^[1]

While what has transpired in the past is no guarantee of what happens next, it can significantly influence what can be expected in 2024 regarding job market competition and growth opportunities at the executive level.

2024 Trends For Executive and C-Suite Roles

Increase In Senior-Level Hiring Activity And Promotions

The Bureau of Labor and Statistics (BLS) reports Atlanta offers the 2nd highest city for Chief Executive employment and the 3rd highest state overall.^[2] If you’re in or have your eye on a C-suite-level career, Atlanta offers real opportunities.

Competitive Job Market

Additionally, BLS research marks the greater Atlanta area as the number one metropolitan area with the highest concentration of Chief Executive jobs.^[3]

Industries Projected To Grow In 2024

We live in a fast-paced online world, and the growing industries for 2024 reflect this.

Wealth and Asset Management
Technology
FinTech
Insurance
Banking
E-commerce

Executive Job Projections For 2024

The Staffing Industry Analysis Survey revealed that CFOs can expect full-time employment growth to increase by just under 4% in 2024.^[4] They also projected a 6.5% growth in revenue, compared to the 3.0% projected for 2023.

In-Demand Skills, Assets, and Experiences To Develop In 2024

Due to the C-suite and executive hiring level competition, hiring will rely more than ever on those little details that elevate one candidate over another. Here are the top skills, assets, and experiences you should be working on or looking for:

Soft skills: Cultivate a culture match vs. only a role match.
Tech and digital skills: Cultivate unique skills that enhance what your role requires.
Any international experience: Engaging with a global market is more critical than ever.

2024 Challenges and Opportunities

Based on how the market looks, this is what Handler believes are the challenges to expect and the opportunities to take advantage of.

Challenges:

Gender diversity: There’s still work to be done.
Competition: High demand and increased compensation mean greater competition.

Opportunities:

Trend tracking: Know what levers to pull for the role you want.
Networking: Find the right people and make a connection.
Curated career documents: Aggressively trim and update for optimal relevance.

How Are You Preparing For 2024?

Whether you’re a hiring manager or an executive candidate, how are you preparing for the challenges and opportunities coming your way in 2024? We’d love to hear from you!