According to new data released today by LinkedIn, Ireland continues to be a net beneficiary from international professional talent migration with 18% more professionals coming to Ireland than leaving the country in the third quarter of 2015.

The data analysis, based on member updates made between July to September 2015 shows that the technology industry continues to attract the most foreign talent, with the software and hardware sectors ranking among the top five most popular destinations for professionals moving to Ireland. The sectors that attracted the most professionals moving to Ireland in Q3 in order of popularity were:

1. Technology (Software)

2. Healthcare and pharma

3. Govt. Education and Non-Profit

4. Retail and consumer products

5. Technology (Hardware)

For the second quarter running, Italy continued to be the biggest net contributor of professionals to Ireland. The regions that contributed the most professionals to Ireland in terms of net migration during the period were:

1. Italy (13% of inbound talent)

2. Latin America (13%)

3. France (11%)

4. Spain (9%)

5. Eastern Europe/Balkans (8%)

In contrast the regions that attracted the most professionals from Ireland were:

1. UK (58% of outbound talent)

2. UAE (16%)

3. North America (14%)

4. Switzerland (7%)

5. Africa (3%)

Commenting on the data, Dr Craig Holmes from University of Oxford, said: “Ireland has been a net beneficiary of professional talent, with the technology sector in particular proving to be a draw for foreign professionals. Italy, Latin America and France remain the top three sources of talent for Irish businesses. At the same time, there’s been an increase in professionals in Ireland heading to the UK compared to the previous quarter.”

“During the quarter we see a shift towards employment in small sized establishments, with more people opting to start their own business, leaving large sized organisations – and the sort of roles that we’d typically find in such organisations like administration and accounting – in the process. Ireland saw a growth in employment of professionals in the largest firms. A shift towards small firms and self-employment, as well as an increase in the number of professionals engaged in entrepreneurship and business development, are all indicators that the economic recovery is raising business confidence.”

Sharon McCooey, Senior Director International Operations, LinkedIn, added: “Our data underscores the positive momentum in the Irish economy. As a company that has grown in Ireland in recent years, we, too have benefited by being able to attract talent from different parts of the world, as well as professionals who want to return to Ireland. Our experience is that Ireland has a great reputation abroad as a place to work or live, we hope to see this trend continue.”

Commenting on the trend Martin Shanahan, CEO, IDA Ireland said: “Talent is the number one reason why companies continue to choose to come to Ireland. We must ensure that it remains an attractive place to live and work – this is a key differentiator for decision makers across the globe considering an investment in Europe,”

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