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Job ads online rise by 4pc in Q2

Tuesday, July 08 10:20:15

The number of jobs advertised online increased by 4pc in the second quarter, April to June, with a 2pc increase year on year, according to the Jobs Index.

The annual increase which points to a gradual recovery in the jobs market, is buoyed by key sectors increasing year on year, most markedly: Medical and Healthcare, up by 19pc; Science & Pharmaceuticals, up by 27 cent and Transport and Warehousing, up by 38pc.

The Jobs Index for the second quarter 2014 reports a rise in online job vacancies in Q2 compared with the previous quarter, for sectors including: IT, up by 14pc; Tourism, Travel and Airlines, up by 15pc; Legal, up 9pc; Accountancy and Finance, up 5pc; and Transport, up 4pc.

Construction is not showing the buoyancy seen in previous Jobs Index reports, with a quarterly drop of (-22pc) albeit with an annual increase of (+7pc). Related sectors like Engineering (-13pc) and Environmental Health and Safety (-23pc) are similarly affected this quarter.

Safann MacCarthy, Marketing Director, comments: "The Jobs Index brings more positive news on the jobs market. A marginal annual increase in jobs advertised online and a fifth consecutive quarter of growth point to a gradual improvement, reflecting overall economic recovery."

She continued: "There is a concentration of jobs in Production, Science, Hotel and Catering, IT and Financial Services sectors across the country. With employers confident about hiring expectations, there is a continued need to support the recruitment plans particularly for SMEs in Ireland."

The Jobs Index records a quarterly rise in job advertisements across all larger markets in the second quarter compared with Q1: Dublin (+16pc), Galway (+22pc), Limerick (+14pc), Cork (+14pc), and Waterford (+11pc). Year on year, however, only Dublin shows an increase, of (+2pc) while all other regions lag behind, with Galway (-1pc), Limerick (-55pc), Cork (-21pc), and Waterford (-42pc). The data confirms other report findings that the economic recovery is taking place largely in Dublin and to the exclusion of the rest of the country.

According to University of Limerick economist and author of the report Stephen Kinsella: "The Jobs Index is calculated relative to the second quarter of 2009, which was a low point for the Irish economy in terms of job creation. This quarter, our index indicates that we are 59pc above the number of jobs advertised in that period. Since the Jobs Index quarter (Q2 2009), many sectors have been performing well culminating in what we now see as steady growth in the jobs market. Sectors such as IT, HR, Manufacturing, Banking, Finance, Transport, are performing well since the 2009 low, in addition to Sales, Customer Service and Tourism."