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11% drop in Irish professionals seeking jobs on previous year

Written by Robert McHugh, on 12th Oct 2016. Edited on 13th Oct 2016 Posted in Ireland

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The latest Morgan McKinley Irish Employment Monitor shows that the availability of professional job opportunities in September 2016 (10,541) fell by 9% when compared to August 2016 (11,602)
 
There were 10% fewer professional jobs available when compared to September last year (11,648).
 
This month, the most active sectors nationally were Professional Services, Pharma and Technology / IT and the most in demand roles nationally were – Quality Engineers, Research & Development Engineers, IT Project Managers, Audit and Tax professionals, Risk professionals and legal professionals with conveyancing expertise.
 
Pharma overtook IT in terms of buoyancy this month with the majority of these employment opportunities based outside of Dublin.

Furthermore, the IT sector remains predominantly Dublin centric. The growth in demand for hybrid talent in the FinTech space is being driven by new Fintech companies and the innovation labs of the large banks and consultancies. The requirement for cybersecurity professionals is also increasing.
 
Director of Inward Investment at Morgan McKinley Ireland, Trayc Keevans commented, "Hiring activity in September was characterised by a degree of caution. There were more professionals seeking roles this month than previous, but a slower decision making process around hiring activity has impacted pace."

He added, "Since the UK’s vote to leave the EU at the end of June, we anticipated that the ensuing complexities and uncertainty would impact company forecasting and resource planning activity in the short to medium term and we believe this has been in evidence this month."

Source: www.businessworld.ie

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