The latest Morgan McKinley Employment Monitor has been released today. The 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 registered a reduction of 7.2% in the number of new professional job opportunities available in August compared to the previous month. Overall, the availability of professional jobs reduced by 2.5% in August 2018 compared to the same month a year ago.
There was an increase of 2.1% in the number of professionals seeking new roles in August compared to the previous month. August was the second consecutive month of robust job search activity among professionals.
However, the monitor recorded a decrease of close to 13.7% in the number of professionals actively seeking new job opportunities in August 2018, compared to August 2017 reflecting current economic conditions and near full employment.
Speaking this week, Chief Operations Officer at Morgan McKinley Ireland, Karen O’Flaherty said, "With the economy approaching full employment, Ireland is proving attractive again for Irish emigrants. Irish workers overseas are more actively searching for jobs in Ireland and we are seeing a lot of talent moving home from the UK. This is in line with CSO figures which indicate that the number of Irish emigrants moving back to Ireland has finally overtaken the numbers leaving, a first since 2008."
She added, "Overall, the employment market remained strong across all disciplines as companies remain optimistic in their hiring outlook, conscious of the need to attract and retain talent, while sensitive to any uncertainty within the global economic environment."