Companies battle AI skills shortage amid hiring slowdown

The IDA Labour Market Pulse indicated that Ireland is responding to the shortage of AI skills by upskilling and reskilling existing employees.

The report said that more businesses are now searching for staff with AI skills to speed up their digital progression.

The hiring rate in Ireland has slowed down compared to post-pandemic highs as employees are choosing stability over change amid a volatile economic environment, according to a new report.

The IDA Labour Market Pulse showed hiring rates in January were 27% lower than in the same period last year.