Press Release: Irish Employment Monitor - April 2013

Aldagh McDonogh 09.05.2013

Professional job opportunities increase by 9% in April compared to last month

Highlights

  • Month-on-month there was a 9% increase in job availability in April 13.
  • The Morgan McKinley Irish Employment Monitor recorded a decrease of 1% in the number of new professional job vacancies available in April 13 compared to the same month last year.
  • The number of professionals looking for new job opportunities increased marginally (5%) from March 13 to April 13.
  • Compared to the same time last year, this was a 4% decrease in the number of professionals seeking new jobs.

The April 13 Morgan McKinley Irish Employment Monitor registered a 9% increase in new professional job opportunities from March 13 (8,125) to April 13 (8,854). There was however a 1% decrease in the availability of new professional jobs registered compared with the same period last year (8,919).

The number of professionals seeking new job opportunities increased by 5% from 9,500 in March 13 to 9,980 in April 13, representing a slight decrease (4%) compared to April 12 when there were 10,390 professional job seekers in the market.

Karen O’Flaherty, Chief Operations Officer, Morgan McKinley commented:
“An increase of 9% in the number of professional jobs in the Irish market is welcome after two consecutive negative months this year. Furthermore, the minimal annual decrease of 1% compared to March 12 (-12%) is an encouraging sign that the jobs market is stabilising and recovering from the dip we saw last month.

“There is significant hiring activity being generated by multinationals and companies that are specifically export led particularly in the FMCG, technology, manufacturing and food industries. Professionals with inventory management, quality control, regulatory and new product development experience are in particularly high demand.

“The IT and technology market remain strong with an increase in demand for UI, online and digital skills. This trend is reflective across a number of businesses and sectors, where new product and service offerings are displayed and sold online demonstrating changing buying behaviours.

“The dynamic nature of the financial services sector is also being highlighted in job opportunities where ‘hybrid’ professionals are sought. Job titles such as commercial analysts or financial accountants are in demand where a background in different sectors or areas of expertise is added to the mix, affording greater commerciality and value.

“Many operations roles in both finance and office support are looking for a mix of customer service, order management and operational data where cost improvement and efficiencies have been delivered.

“Another indicator suggesting growing confidence in the market is the release of longer term contracts being offered by employers. As visibility and confidence returns many of the jobs being registered are for longer periods of time, typically 12-18 months compared to 6-9 months in the last couple of years.”

View previous versions of the Morgan McKinley Irish Employment Monitor.

– ENDS –

Notes to editors 
Further press information:

Mike Miley, MKC Communications | T: +353 1 703 8611 | E: mike@mkc.ie

Spokespeople available on request for further industry insights and commentary:
Edward Heffernan – Accountancy & Finance
Steven Bell – I.T.
Elaine Kennedy – Science, Supply Chain, Engineering
Ann O’Mahony – Office Support

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. 

Statistical methodology
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 classification:
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.

Geography:
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
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 many of the major employers in its specialist sectors and thousands of smaller local firms.

In 2013, Morgan McKinley was recognised in the Irish Independent’s listing of Best SME Workplaces in Ireland. We are also proud to be ranked in Deloitte’s Top 20 Best Managed Companies in Ireland for 2013.

Morgan McKinley London Employment Monitor
Morgan McKinley currently publishes a similar Employment Monitor in London. It was launched in 2004 and reports on the new roles, candidates and salaries within the financial services jobs market in London each month. Visit www.morganmckinley.co.uk for details.

 

Transformation Director
amcdonogh@morganmckinley.com