Premier Group - Irish Employment Monitor - June 2010
“Monitoring the pulse of the Irish professional jobs market” Irish professional job opportunities rise by 38% compared to a year ago
The Premier Group Irish Employment Monitor registered a 38% increase in new professional job opportunities in June 10 compared to a year ago with vacancies rising from 4,117 in June 09 to 5,669 in June 10. Month-on-month however, job volumes showed a drop of 7% from 6,124 in May 10 to 5,669 in June 10. While the number of new available jobs has increased since June 09, the number of professionals in the Irish jobs market has also risen, with a 55% increase from 8,070 in June 09 to 12,480 in June 10. Month-on-month, the volume of professionals looking for new career opportunities has also increased by 12%, rising from 11,135 in May 10 to 12,480 in June 10. Brian Murphy, CEO of Premier Group in Ireland commented: “Although June 10 saw new professional job opportunities decrease by 7% compared to May 10, the volume of job vacancies was still at the second highest level since November 08. The drop is also being measured against May 10, which experienced the highest number of new professional jobs coming on to the market since October 08. “It is encouraging to consider the significant professional jobs growth of 31% that we have experienced in the Irish market in H1 10 over H2 09. Since the lows experienced in Q3 09 we have now seen three consecutive quarters of growth in job numbers: Q4 09 grew by 13% over Q3 09, Q1 10 grew by 18% over Q4 09 and Q2 10 has grown by 8% over Q1 10. “The IT sector has shown particularly strong growth for the second consecutive month with high demand for software developers driven partly by new business operations entering the Irish IT market in recent months. Professionals with experience in Java, .Net, C++ and Sharepoint have been in particular demand to fill the increasing volume of roles requiring these skills. This is a trend that we expect to see continuing into Q3 10. “Candidate availability remained strong in June 10 with a 12% increase on the previous month. Many companies are still quite selective when recruiting so the market remains challenging for professionals looking for new jobs. However, as the IT market has shown over the last couple of months the pool of talent available is not bottomless and as demand picks up in niche areas companies may speed up their decision-making to ensure success with their hiring requirements.”
Chart: New jobs v. new candidates Notes to editors Cian Connaughton
The Premier Group Irish Employment Monitor measures the pulse of the Irish professional jobs market by tracking the number of new job vacancies and new candidates within the Republic of Ireland each month. The first Premier Group Irish Employment Monitor was launched in May 2009 with data from April 2008 onwards. Statistical methodology Monthly new jobs and new candidates Job classification Geography About Premier Group Premier Group is Ireland's leading recruitment consultancy with offices in Cork, Dublin, Kilkenny, Limerick, and Waterford. Internationally, the Group operates from 24 offices across eight countries. Subsidiary brands within Premier Group in Ireland include Accreate Executive Search & Interim, Brunel, la crème, Premier, and Verkom. Morgan McKinley and iQ selection also form part of the Premier Group outside of Ireland. Morgan McKinley London Employment Monitor Premier Group currently publishes a similar monitor in London under its subsidiary brand name, Morgan McKinley. The highly regarded Morgan McKinley London Employment Monitor was launched in 2004 and reports on the new roles, candidates and salaries within the financial services jobs market in London each month. Visit http://www.morganmckinley.co.uk/ for details. |
