Professional job vacancies up 9% in October as strong hiring continues - Morgan McKinley Ireland Employment Monitor
The number of professional job vacancies in Ireland decreased by 2% in October compared to the same month a year ago, but were up 9% sequentially since September, according to the Morgan McKinley Ireland Monthly Employment Monitor. Morgan McKinley is a wholly Irish owned multinational professional services recruitment company.
There was a 10% increase in the number of professionals seeking jobs in Ireland in October compared to the same month a year ago, indicating positive sentiment in terms of career mobility which is well balanced by the number of job vacancies in the market.
Morgan McKinley Ireland, Director of Inward Investment, Trayc Keevans said:
“The professional jobs market remains buoyant. Historically, we would have seen a slow down towards the Christmas period but what we’re actually seeing is a lot more jobs opening up now with a view to them being filled before Christmas. Professional job seekers are of the same view with an increased willingness to consider onward career development opportunities, despite the time of year. There will be significant levels of activity between now and Christmas and into the New Year.
“October was also a record month in terms of jobs announcements with a healthy variety of career opportunities on offer across financial services, pharmaceutical, science, biotech, supply chain management and operations. The sales and marketing sector is also vibrant. Ireland is at the forefront of an evolution where technology is converged with multiple economic and industrial certain sectors. As a result, sectors like Fintech, Agtech and now Sportstech are creating new opportunities for ICT and digital professionals across the economy. A number of sportstech firms in the mid-west are targeting global growth and Ireland is creating a reputation in this field.
“FDI interest in Ireland is consistently strong and this isn’t simply the preserve of US multinationals. We’re seeing an inflow of European based companies who are considering Ireland due to the talent pool in certain sectors, notably ICT. Companies who have arrived in Ireland have expressed satisfaction at the quality and availability of skills in the market place here. Skillsets such as Artificial Intelligence, cloud management, robotics and engineering are much in demand. We are balancing this with available skills and returning skills from our emigrant community where we are using our offices abroad to highlight opportunities to the Irish diaspora. This also feeds from the education system which is supporting a continual pipeline of relevant talent and availability of graduates who are job ready within the marketplace.
“We are starting to see a growing number of Canadian companies looking to Ireland following the implementation of the CETA trade agreement between Canada and the EU. They are interested in a broad range of sectors – everything from Pharma, food and energy to online ecommerce. There are a lot of synergies between Ireland and Canada in terms of our common law structure, employment law, language skills including English and French and dual recognition of qualifications so we would expect to see a lot more activity as a result in the coming months and years.”
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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 candidates:
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, 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.