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Ireland – Professional job vacancies up 12.3% in June, but number of professionals seeking jobs tumbles

18 July 2018

The number of professional job vacancies available in June 2018 increased by 12.3% in Ireland when compared to the same period last year, according to the Morgan McKinley Ireland Employment Monitor.

However, the Monitor also recorded a decrease of 14.4% in the number of professionals actively seeking new job opportunities in June 2018, compared to June 2017. Morgan McKinley added that this reflects current economic conditions and the fact that Ireland’s unemployment rate has fallen to 5.1%. 

When compared to May 2018, the number of professional job vacancies available in June 2018 increased by 3.11% while there was a reduction of 3.7% in the number of professionals seeking new roles in June.

Morgan McKinley also published a list of the most in demand positions in June 2018:

  • Data Analytics: Data Analyst, Data Scientist, 
  • Technology: .Net Developer, IT Project Manager, Java Developer
  • Financial Services: Fund Accountant, Financial Accountant, Business Analyst
  • Engineering: Quality Engineer

Morgan McKinley Ireland, Global Foreign Direct Investment Director, Trayc Keevans commented “There was a spike in demand for data protection professionals across the market in response to GDPR. In an effort to align with regulatory standards, businesses have acted swiftly in bolstering their data protection function so that personal data is managed and protected accordingly. From an IT perspective, we have seen heightened hiring activity of security specialists in particular. There has also been an increase in the hiring of administrative professionals, solely for the purpose of coordinating GDPR related tasks and queries.”

“The sectors hiring in the greatest numbers for the month of June included Healthcare, Telecommunications and Medical Devices,” Keevans said. 

“As the unemployment rate now stands at 5.1%, the lowest in 15 years, competition to attract global professional talent to Ireland has never been as fierce,” Keevans said. “The task for the economy now is to see how we can create enduring stability to support all of these positive factors when there is increasing pressure on infrastructure and resources to underpin and maintain national competitiveness.”