‘No abundance of talent’ in jobs market

One of the country’s leading recruitment agencies has described as inaccurate the idea that there is an abundance of available talent in the jobs market.

The latest monthly employment monitor from Morgan McKinley shows a relatively buoyant jobs market continuing throughout May, but with demand outstripping supply.

May’s edition of the monitor registered a 1% decrease in the number of professional job opportunities, both on a monthly and annual scale, but an 11% increase in the number of people looking for new work opportunities. However, the number of jobseekers fell 9% on a year-on-year basis last month.