Most in demand positions in June 2018:
July 2018: The number of professional job vacancies available in June 2018 increased by 3.11% nationally since May according to the Morgan McKinley Ireland Employment Monitor. Overall, the availability of professional jobs increased by 12.3% in June 2018 compared to the same month a year ago.
There was a reduction of 3.7% in the number of professionals seeking new roles in June compared to the previous month. The monitor also recorded a decrease of 14.4% in the number of professionals actively seeking new job opportunities in June 2018, compared to June 2017. This reflects current economic conditions and the fact that Ireland’s unemployment rate has fallen to 5.1%.
Morgan McKinley Ireland, Global FDI Director, Trayc Keevans commented:
“Despite the expected seasonal slowdown, the professional recruitment market remained comparatively strong in June. We’re seeing consistent growth in the professional jobs market in equal measure across both the domestic and multinational sectors, which is in line with recently released IDA Ireland figures for the first half of 2018. There were notable developments across Finance, Data Analytics and Cybersecurity with attention from multinationals and FDI companies increasingly focused on larger centres outside Dublin, with Cork, Galway, Limerick and Sligo already acting as growth focal points.
Data analysts have remained at the forefront of IT recruitment for June. There has been specific interest in specialists with exposure to Big Data frameworks such as Spark and Hadoop. From a skills perspective, hiring managers are looking for data specialists who are confident in liaising with business stakeholders in order to ensure that data is utilised effectively.
There was a spike in demand for data protection professionals across the market in response to GDPR. In an effort to align with regulatory standards, businesses have acted swiftly in bolstering their data protection function so that personal data is managed and protected accordingly. From an IT perspective, we have seen heightened hiring activity of security specialists in particular. There has also been an increase in the hiring of administrative professionals, solely for the purpose of coordinating GDPR related tasks and queries. Their duties include processing subject access requests, responding to data breach notifications, documenting such notifications, and other similar coordination responsibilities.
We’ve seen considerable movement at the senior end of the HR market, with Heads of L&D garnering keen interest from employers. This activity reflects positively on the HR function as a whole, as more businesses are seeing the value in learning and development and are increasing their investment, from both a financial & resourcing perspective, as a result.
The sectors hiring in the greatest numbers for the month of June included Healthcare, Telecommunications and Medical Devices.
As the unemployment rate now stands at 5.1%, the lowest in 15 years, competition to attract global professional talent to Ireland has never been as fierce. The task for the economy now is to see how we can create enduring stability to support all of these positive factors when there is increasing pressure on infrastructure and resources to underpin and maintain national competitiveness.”
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About the Morgan McKinley Irish Employment Monitor
The Morgan McKinley Irish Employment Monitor (previously known as the Premier Group 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. See www.morganmckinley.ie for details.
Monthly new jobs and new candidate figures are based on Morgan McKinley’s own monthly records of new permanent job vacancies and new candidates registering with the firm for permanent employment. Statistics for the full market are derived using Morgan McKinley’s own market share.
Job vacancies are professional level roles within the following sectors and functions: Banking & Financial Services, Commerce & Industry Finance, Insurance, Public Practice & Tax, legal, HR, IT, Life Sciences, Engineering, Process & Manufacturing, Professional Services, Sales & Marketing, Customer Service, Secretarial & Office Support.
The data is based on new job vacancies and new candidates registered with Morgan McKinley’s network of Irish offices in Cork, Dublin, Kilkenny, Limerick and Waterford.
About Morgan McKinley in Ireland
Irish owned Morgan McKinley is a global professional recruitment consultancy connecting specialist talent with leading employers across multiple industries and disciplines.
With offices across Ireland, the UK, EMEA, Asia and Australia, its professional recruitment expertise spans the accounting & finance, financial services, technical and IT sectors. Morgan McKinley is a preferred supplier to most of the major employers in its specialist sectors and thousands of smaller local firms.
In 2016, Morgan McKinley was recognised as one of the top five Best Workplaces in Ireland, in the Great Place to Work Awards. The company also received an award for the best Learning & Development Organisation at the Irish Institute of Training and Development Awards and ranked sixth globally on LinkedIn’s list of the Most Socially Engaged Staffing Agencies.