The latest Morgan McKinley Monthly Employment Monitor has been released today.
The Morgan McKinley Irish Employment Monitor measures the pulse of the Irish professional jobs market by tracking the number of new job vacancies and new candidates within the Republic of Ireland each month.
The availability of professional job opportunities in October 2016 (10,772) rose by 2% when compared to September 2016 (10,541) according to the Morgan McKinley Irish Employment Monitor. There were 8% fewer professional jobs available when compared to October last year (11,746). The number of professionals seeking new roles rose by 4% in October (8,358) compared to the same month last year (8,020), while there was a 5% increase on September 2016 (7,943).
This month, the most active sectors nationally were Life Sciences, Technology / IT and Financial Services. In IT, almost one in two permanent jobs came from indigenous companies this month, surpassing jobs created by the multinational sector for the first time this year.
The monitor shows that Irish Diaspora continue to return, with the greatest number coming back to take roles in IT, Financial Services, Accounting and Marketing. There has also been a notable increase in the number of senior profiles returning from abroad.
Director of Inward Investment at Morgan McKinley Ireland, Trayc Keevans commented, "Indigenous companies and SMEs across a number of sectors, including IT and Life Sciences performed above expectation in relation to hiring activity. A focus on geographic expansion, outside of the UK, is driving much of this activity with companies keen to diversify their business development opportunities. Growth within financial services was steady rather than exuberant."
She added, "There has been an increase in enquiries from companies in this sector considering relocation post Brexit however, uncertainty over the passporting rights for UK based Financial Services Organisations and their ability to do business with the 27 other States will have a direct impact on the number of jobs Ireland is likely to attract from the UK."
Source: www.businessworld.ie
