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Ireland – Half of unemployed seeking work overseas

16 January 2014

Nearly half of Irish jobseekers are looking for work overseas, with 10% feeling that they have no choice, according to a recent study from recruitment firm CPL Resources. The study also noted that nearly two-thirds of jobseekers believe that employers prefer to hire someone who is already in employment, rather than someone who is out of work, reports the Irish Examiner

Peter Cosgrove, Director at CPL, commented: “Our research shows that the experience is very different for individual jobseekers. Those with the right qualifications, skills, and experience are in high demand. Others are struggling with a feeling of ‘unemployability’.” 

The latest Irish Employment Monitor, from recruitment consultancy Morgan McKinley, shows there was a -22% drop in professional job vacancies in December when compared to November, with a year-on-year decline of -1%. 

Karen O’Flaherty, Chief Operations Officer at Morgan McKinley, commented: “Due to seasonal factors, December is typically a quieter month for job activity and candidate availability. Employers are more budget and decision sensitive in terms of headcount at the end of the year or awaiting confirmation of forecasts and plans in the new year.”

“Jobseekers, equally, are less active and more risk-averse as the holiday season approaches. This explains why the hiring and jobseeker figures are lower compared to previous months in the year. Also, market information identified that more employers are paying year-end bonuses, often paid out in January or early in the first quarter, contributing to the fall in professionals actively seeking new positions,” she added.

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