Most in-demand positions in June 2018:
- Data Analytics: Data Analyst, Data Scientist
- Technology: .Net Developer, IT Project Manager, Java Developer
- Financial Services: Fund Accountant, Financial Accountant, Business Analyst
- Engineering: Quality Engineer
Tuesday, 17th July 2018: The number of professional job vacancies available in June 2018 increased by 3.11% nationally since May according to the Morgan McKinley Ireland Employment Monitor. Overall, the availability of professional jobs increased by 12.3% in June 2018 compared to the same month a year ago.
There was a reduction of 3.7% in the number of professionals seeking new roles in June compared to the previous month. The monitor also recorded a decrease of 14.4% in the number of professionals actively seeking new job opportunities in June 2018, compared to June 2017. This reflects current economic conditions and the fact that Ireland’s unemployment rate has fallen to a new low of 5.1%.
Morgan McKinley Ireland, Global FDI Director, Trayc Keevans commented: “Despite the expected seasonal slowdown, the professional recruitment market remained comparatively strong in June. We’re seeing consistent growth in the professional jobs market in equal measure across both the domestic and multinational sectors, which is in line with recently released IDA Ireland figures for the first half of 2018. There were notable developments across Finance, Data Analytics and Cybersecurity with attention from multinationals and FDI companies increasingly focused on larger centres outside Dublin, with Cork, Galway, Limerick and Sligo already acting as growth focal points.”
“The sectors hiring in the greatest numbers for the month of June included Healthcare, Telecommunications and Medical Devices. Data Analysts remained at the forefront of IT recruitment for June. There has been specific interest in specialists with exposure to Big Data frameworks such as Spark and Hadoop. From a skills perspective, hiring managers are looking for data specialists who are confident in liaising with business stakeholders in order to ensure that data is utilised effectively.”
“There was a spike in demand for data protection professionals across the market in response to GDPR. In an effort to align with regulatory standards, businesses have acted swiftly in bolstering their data protection function so that personal data is managed and protected accordingly. From an IT perspective, we have seen heightened hiring activity of security specialists in particular. There has also been an increase in the hiring of administrative professionals, solely for the purpose of coordinating GDPR related tasks and queries. Their duties include processing subject access requests, responding to data breach notifications, documenting such notifications, and other similar coordination responsibilities.”
“We’ve also seen considerable movement at the senior end of the HR market, with Heads of Learning and Development garnering keen interest from employers. This activity reflects positively on the HR function as a whole, as more businesses are seeing the value in learning and development and are increasing their investment, from both a financial and resourcing perspective, as a result.”
“As the unemployment rate now stands at 5.1%, the lowest in 15 years, competition to attract global professional talent to Ireland has never been as fierce. The task for the economy now is to see how we can create enduring stability to support all of these positive factors when there is increasing pressure on infrastructure and resources to underpin and maintain national competitiveness.”