Professional job vacancies up 24% compared to same month last year

Bryan Hyland 27.12.2016

Professional job vacancies up 24% compared to same month last year according to the January 2015 Morgan McKinley Ireland Employment Monitor.

Professional job vacancies up 24%

Highlights Overall:

  • Professional job vacancies up 24% on January 2014 demonstrating continued growth in the economy
  • A 18% decrease in the number of professionals seeking new positions, compared to the same month last year, indicating less volumes seeking professional roles as market stabilises
  • A month-on-month increase of 31% in job availability in January 2015 compared to December 2014, reflecting an expected, but still enthusiastic start to hiring in the new year


 

Further Insights:

  • Increase in corporate finance activity has led to a growing demand for specialists across M&A, Corporate Treasury and Structured Finance who are ACA, ACCA or CFA qualified. A potential skills gap emerging due to lack of activity in this area over recent years where focus has been on risk, compliance and recovery.
  • The ICT sector remains buoyant particularly in the area of business intelligence, data analysis and development. A high demand for client facing IT people indicating a renewed sales and client development focus in the sector.
  • Increased requirement for HR specialists in the areas of learning and development, employee engagement and performance management, reflecting a growing focus on retention and succession planning strategies within organisations.
  • Cautious recovery continues in the construction sector particularly within commercial and industrial expansion and development projects.

 

Morgan McKinley's Irish Employment Monitor measures the pulse of the Irish professional jobs market by tracking the number of new job vacancies and professionals seeking new roles within the Republic of Ireland each month.

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Bryan Hyland's picture
Commercial Director
bhyland@morganmckinley.ie