More than three quarters (77%) of executives surveyed by Korn/Ferry International Inc. (NYSE: KFY) say demand for talent will increase more in the next five years than in the previous five.

In addition, 52% predicted a recovery in 2009 with 35% saying it will be the second half of the year before there are signs of improvement. Another 39% said labor market challenges will linger until 2010.

Half of executives looking for jobs said they are "very confident" in their abilities to find one in 2009 that meets their expectations.