The most recent Cpl Resources Employment Market Monitor for the second quarter of 2017 has been released today.
The monitor is largely representative of the FDI jobs sector in Ireland and monitors jobs listings in the following sectors - IT & Telecoms, Science, Engineering & Supply Chain, Sales & Marketing, Accountancy, Finance & Banking, and Legal and HR.
The monitor finds that the number of jobs listed has eased back in the second quarter of this year. This quarter there were 4% fewer listings than in the same period a year previously. This is the first time that jobs listings have fallen year-on-year in 22 quarters and follows a record number of jobs posted in the first quarter of the year.
Finance & Banking sector continued to perform very strongly, with listings roughly one quarter higher than the 2016 average. In other sectors, listings fell back below their 2016 average, by between 7% (IT, Sales & Marketing) and 15% (Science, Engineering & Supply Chain).
The monitor found that two thirds of jobseekers don’t believe that Brexit will help their chances of getting a good job.
While jobseekers are more optimistic than in previous reports, the Cpl Resources Employment Market Monitor also shows an ongoing, overall gap in the perception of the employment market by both employers and jobseekers. Large numbers of both groups have traditionally seen the market in favour of the other.
However, this quarter, jobseeker sentiment has improved, meaning that jobseekers see the employment market geared less towards the employer than they would have 6 months ago.
Commenting on the research, Director of Cpl Resources, Peter Cosgrove said, "While this is the first time that we’ve seen a fall in jobs postings year-on-year since the start of our reporting, it is clear that companies are struggling to find the right talent and are thinking of other ways to manage their vacancies. While Brexit has certainly caused some uncertainty in the market, the picture is still very strong for the Irish market as we continue to look to bringing more of the Irish diaspora home."
Source: www.businessworld.ie
