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Brexit starting to influence demand for Irish skills

Written by Robert McHugh, on 10th Aug 2016. Posted in Ireland

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The latest Morgan McKinley Irish Employment Monitor has been released today and shows that the availability of professional job opportunities in July 2016 (11,909) rose by 2.4%, when compared to June (11,633).

The number of professionals seeking new roles fell by 2% to 7,635 in July when compared to June 2016 (7,788) and there were 8% fewer professional job opportunities available to Irish job seekers when compared to July 2015.

The data shows that 19% fewer professionals were looking for roles in July when compared with the same month last year. The pharma, medical devices and IT sectors were the top performing sectors in relation to hiring activity this month.

In Financial services, the funds sector experienced a slower start to the year in terms of job opportunities however most recently there is an increased demand from a number of key employers in Dublin looking for talent including Junior and Senior Executive Level Operations personnel in; TA (Transfer Agency), Fund Accounting and Custody, Compliance and Risk. 

Chief Operations Officer at Morgan McKinley Ireland, Karen O’Flaherty commented, "Jobs growth was relatively steady in July. Fewer candidates were actively seeking new roles, which is primarily due to seasonal factors. Pharma, Medical Devices and IT were again the most buoyant sectors, following by Financial Services."

She added, "The notion of up skilling is not new but the speed and pace of change, driven by technology, means almost all jobs require additional learning to stay relevant. A national skills transfer programme should be prioritised to ensure we have a flexible and resilient workforce."

Source: www.businessworld.ie

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