27% rise in professional job opportunities in first quarter of 2015

The availability of professional job opportunities increased by more than a quarter in the opening three months of the year, compared with a year ago.

A number of sectors experienced particularly strong growth in the number of jobs available, including firms in the financial services sector, human resources, multilingual and engineering spheres.

The growth in opportunities is likely to lead to a supply shortage with available indigenous expertise insufficient to meet the demand, the Morgan McKinley monthly employment monitor, released yesterday, shows.

“In financial services risk advisory, treasury and business development within the retail banking sector are the most commonly sought after roles currently, reflecting the continued improvement in the financial services and banking market.

“We predict the challenge in the short and medium- term is attracting relevant talent.

“Our focus is now on attracting international based professionals either home or from other financial service hubs to Ireland,” said Morgan McKinley Ireland operations director Bryan Hyland.

Companies are increasingly focusing on career planning, training and staff retention to minimise the level of turnover of employees, he added.

Ireland’s reputation internationally in life sciences and the pharma sector has remained consistently strong and new expansionary projects within this sector are providing an active and buoyant market for engineering professionals in the first three months of the year, according to the report.

A month-on-month increase of 3% was recorded by the monitor in March.“Generally quarter one has been very positive in terms of hiring activity and is in line with recent CSO figures indicating consecutive growth over the last several quarters. The challenge ahead relates to those sectors and industries where demand is outstripping supply in the Irish market,” Mr Hyland added.


Audrey's been sorting out Cork people for ages.Ask Audrey: C’mere, what’s the story with Chris O’Dowd thinking he’s better than Cork people

So, I put a link to a short story up for my students the other day. The story was by Michael Morpurgo and I was delighted to find an online copy. It can be challenging when you are relying on non-paper texts to teach.Secret diary of an Irish teacher: I love physical books and always will

Celebrated actress Siobhán McSweeney may have found fame starring in a TV series set at the other end of the country, but Cork is never far from her thoughts, writes Ciara McDonnellHome is where the art is for Derry Girls actress

There are literally hundreds of free events on offer this evening for kids and adults on Culture Night. Marjorie Brennan selects the best of them, in Cork and beyondCulture Night: Get out and make the most of it

More From The Irish Examiner