The number of professional job vacancies available in March 2018 increased by 1.8% nationally since February according to the latest Morgan McKinley Ireland Employment Monitor. Overall, the availability of professional jobs reduced by 10.4% in March 2018 compared to the same month a year ago, mainly due to seasonal factors and unexpected business closures due to adverse weather conditions.
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.
There was also a reduction of 8.9% in the number of professionals seeking new roles in March (since February). The monitor also recorded a decrease of 13.5% in the number of professionals actively seeking new job opportunities in March 2018, compared to the same time a year ago. Morgan McKinley say this reflects improving economic conditions and the fact that Ireland’s unemployment rate has fallen to 6.1%.
Speaking this week, Global FDI Director at Morgan McKinley Ireland, Trayc Keevans commented, "Plenty of new opportunities lie ahead as more than 1,700 new professional jobs were announced in March with Dublin, Cork and Mid-west seeing the lion’s share. Skills to fulfil these positions are primarily across sales and marketing, SaaS, technical support, quality and manufacturing engineers. Cork's status as a second Financial Services hub also had a boost with announcement of 50 new positions for the sector as well as growing its cybersecurity company cluster with the arrival a leading player in digital security."
He added, "Looking ahead, Ireland is now within striking distance of full employment. As we approach that point, we will see further tightening of the labour supply and more competition for skilled staff."