Monitor reveals slight drop in number of job vacancies

The number of job opportunities in Ireland decreased slightly during the past month, according to the Morgan McKinley Irish Employment Monitor.

The Monitor reported that the number of new professional job vacancies fell by 4%, from just over 9,200 in March to over 8,900 in April.

However, the number of job opportunities in April rose year-on-year by 5% compared to the same time last year.

Karen O’Flaherty, Chief Operations Officer at Morgan McKinley, said: "Professional job opportunities saw a small month-on-month decline in April 12. This reduction is likely to be a reaction to the ongoing economic domestic uncertainty coupled with the recent European updates of double dip recession.

"Seasonally it is also typical to expect protracted decision making around the Easter and holiday period."

She went on to say that they are seeing "scattered pockets" of hiring within the pharmaceutical, manufacturing and IT sectors - namely Amgen, Mylan and Cisco.

Ms O'Flaherty said: "Positively, professionals are becoming more mobile and flexible in looking for alternative employment and employers are more conscious of the need to offer attractive and enticing remuneration packages to secure this talent.

"April 12 saw a 15% decrease in professionals emerging in to the Irish jobs market. This can be largely attributed to the reduced momentum over the Easter period. The surge of 63% compared to April 11 is a positive sign that passive job seekers are now beginning to explore the jobs market.

"The recent amendments to the draft AWD (Agency Workers Directive) bill, is welcome news for contract and temporary workers in Ireland. We hope that this legislation when enacted, will alleviate the uncertainty and concerns around potential hiring by employers and will not stunt job growth in Ireland in the coming months."


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