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Irish jobs market shows consistency this quarter rather than growth

Written by Robert McHugh, on 13th Apr 2016. Posted in Ireland

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Morgan McKinley have today released their Irish Employment Monitor for the first quarter of 2016.  
 
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 monitor shows that the availability of professional job opportunities remains almost constant in the first quarter of 2016 compared to the same period last year.

The volume of professional job opportunities decreased by less than 1%, in the first quarter of 2016 (36,925) compared to the first quarter of 2015 (37,171).
 
The number of professionals seeking new roles increased by 4% this quarter (24,084)  compared to the same period in 2015 (23,140). IT, Engineering, Supply Chain and Multilingual are the most buoyant sectors to date this year.
 
The monitor shows the pharmaceutical, food and medical devices sectors continue to drive demand for engineering, procurement and production professionals. Talent shortages remain an issue across the IT sector with Javascript developers most in demand.
 
Hiring in the Funds sector remains static again this month reflecting global market uncertainty.
 
Chief Operations Officer at Morgan McKinley Ireland, Karen O’Flaherty says, "Generally, quarter one of 2016 has been positive in terms of hiring confidence and this is in line with the CSO figures for March that indicate unemployment rates have fallen to an 8 year low."

She added, "However, external factors that include slow Euro zone growth, global market uncertainty and Brexit are creating a level of apprehension. This is most clearly reflected in the Funds and Banking sector where recruitment is static again this month."

Source: www.businessworld.ie

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