10% rise in job vacancies in June

There was a 10% increase in professional job vacancies in June compared with the same month last year, although there was a 3% drop in professional job opportunities between May and June of this year, according to the Morgan McKinley Irish Employment Monitor.

Despite the monthly drop between May and June, the outlook for this year has improved compared with 2012.

Overall, there was a 5% increase in professional job opportunities over the first half of the year compared with 2012.

However, the number of professionals looking for work fell by 17% in June compared with the previous month.

There were 10,135 professional candidates in the market in May, which fell to 8,371 in June. According to Morgan McKinley, this monthly decrease is reflective in general of a downward trend for the year to date, with the first six months recording a decrease of 14% compared with the same period in 2012.

Karen O’Flaherty, chief operations officer, Morgan McKinley said: “Professional job opportunities across all divisions have steadily increased across SME and multi-national sectors as a result of growing business confidence year on year.

“Due to the start of the summer season new job opportunities have unsurprisingly decreased by 3% between the months of May and June.

“The downward trend in the number of professional job seekers can be explained in a couple of ways. Both seasonal and economic factors can be attributed to the decrease. Compounded by news of a return to recession, job seekers are more cautious and considered when exploring new opportunities.

Over the three months to the end of June, there was an increase of 27,730 job opportunities compared with an increase of 25,112 the previous year.

“Equally, many of the skills in demand by employers, particularly those in the multi-national sector, are seeking experienced professionals already employed and hence the pace of the market and recruitment cycle are typically slower and longer,” added Ms O’Flaherty.

“Skills in demand within the senior professional market include the emergence of hybrid roles across finance, IT and marketing where strong multi-industry and sectoral experience combined with good project management, leadership and people skills are highly sought after.

“Trends emerging include experience in data modelling, analytics and forecasting complementing the traditional job descriptions and skills sets of the past.”


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