The latest Morgan McKinley Irish Employment Monitor registered a marginal 5% increase in the number of new professional job opportunities from May 12 (7,890) to June 12 (8,302). The amount of jobs available compared to the same time last year remained steady, rising by only 1%.
The number of professionals seeking new job opportunities decreased considerably by 20% from 12,645 in May 12 to 10,150 in June 12. This was a minor increase (3%) when compared to the number of professionals seeking new career opportunities during the same month last year (9,855).
Karen O’Flaherty, Chief Operations Officer, Morgan McKinley commented:
“The hiring market showed no significant fluctuation in the volume of new Irish professional job opportunities from May 12 to June 12. We are beginning to see the effects of the traditional seasonal downturn experienced over the summer months which have slowed the volume of new jobs and new professionals emerging onto the market this month.
“The clarity gained in the recent enactment of the Agency Workers Directive coupled with the flexible, cost-effective aspects of contract hiring, is contributing to more jobs of this type being released, many contracts being extended further, and ultimately less of a focus on permanent hiring.
“Demand for IT professionals and those with multilingual skills across all sectors remains consistently high. While the main bulk of hiring can be largely attributed to multinational companies we have noticed a slight uplift in the number of indigenous firms hiring IT and sales professionals. July and August are traditionally quieter months for recruitment and we would expect the hiring process to continue at a slower pace throughout this period.”