May Employment Monitor | Availability of professional job opportunities falls by 1% compared to April 2016
Number of professional job seekers rises by 9% compared to the previous month
- Availability of professional job opportunities fell by 1% in May compared to the previous month. There was a decrease of 9% in professional job opportunities compared to May 2015.
- The number of professionals seeking new roles increased by 9% in May, compared to April 2016. It was up 2% when compared to May 2015.
- In Finance, risk and insurance professionals are in high demand. Hiring within the Funds sector remains static due to uncertain international environment and possible Brexit.
- Fintech roles grow within Finance and Banking as manual processes become increasingly automated.
- Recruitment within IT overall remains buoyant across both permanent and contract roles. Big data and security roles have seen intense hiring activity this quarter.
- Multilingual professionals continue to be sought after. Employers are increasingly using technology such as Skype and Sonru to speed up recruitment campaigns.
- There is strong demand regionally for both property and employment lawyers.
- Overall the hiring market in Q2 can be described as cautious, with companies unwilling to make recruitment decisions at the same pace as last year. This is due to a combination of both domestic and international factors, including Brexit.
Professionals Seeking New Roles
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La Crème are a Morgan McKinley Group Company. The Morgan McKinley 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.