Index shows 18% rise in professional job opportunities in Q1
05/04/2012 - 11:06:09An 18% increase in professional job vacancies in Ireland has been recorded in the first three months of the year, compared with the same period last year, according to figures published today.
The data from recruitment firm Morgan McKinley however also shows that the number of professionals seeking new opportunities is also on the rise, jumping by 57% in Q1 2012 compared to Q1 2011.
On a monthly basis, the Morgan McKinley Irish Employment Monitor, which tracks the number of new job vacancies and new candidates within the Republic of Ireland each month, reported a 9% increase in new job opportunities for professionals, increasing from 8,462 in February 2012 to 9,246 in March 2012.
There was also an 8% rise from the March 2011 figure of 8,550.
“The increasing number of professional jobs available in March 2012 illustrates that the hiring market continues to improve on the same time last year," said Karen O’Flaherty, Chief Operations Officer at Morgan McKinley.
However she said that the positive signs were tempered by a rise in demand for short-term contract roles as opposed to permanent hires, especially in the accounting and financial services sectors.
“Demand for IT professionals and those with multilingual skills across all sectors remains consistently high," Ms O'Flaherty added.
She also said that redundancy announcements in the first quarter "have broadly been offset by the number of job creation announcements".
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