The number of professional job vacancies in Ireland increased by 9% in September compared to the same month a year ago, and was up 2% sequentially since August. This is according to the latest Morgan McKinley Ireland Monthly Employment Monitor.
The monitor shows that there was a 13% increase in the number of professionals seeking jobs in Ireland in September compared to the same month a year ago.
The research indicates that employers have adjusted well to the longer recruitment cycles involved in attracting talent. HR departments have increased their capacities, recruitment forecasting and succession planning have been enhanced and the pace of employer decision making has accelerated. Morgan McKinley says this overall capability within the market has improved noticeably since the start of the year.
There is continuing buoyancy in the Sciences, Financial Services and Data Compliance. ICT remains a powerhouse for the Irish economy driven by high demand for engineering, cloud computing and digital talent, according to Morgan McKinley.
Dublin and Cork are still operating at a pace that is somewhat higher than in other regions, however, the gap is narrowing as more and more professional job seekers specify that they are seeking career opportunities in the regions. Increasingly, multinational and indigenous employers are moving to establish offshoot operations to cater for this need and to fill vacancies more quickly. This is very noticeable in areas like financial services where the south-east, for example, has seen a cluster of financial services companies expanding and establishing operations.
Commenting on the data, Chief Operating Officer at Morgan McKinley Ireland, Karen O’Flaherty said, "There is demand across multiple sectors for professional skills in all main business and operations management functions which reflects an overall sense of confidence across the economy in spite of the various geopolitical and economic issues facing Ireland."
She added, "Our multinational clients come here because of a supportive business environment and all the more so because of the seriously well qualified and experienced talent bank that Ireland has to offer. In an age where machine learning, artificial intelligence, robotics and other technological advancements can potentially disrupt current employment models in the future, we need to stay ahead of the curve in terms of our national intellect and our capacity for invention and innovation across all of these future trend."
Source: www.businessworld.ie
