Re-Post News: January Employment Monitor | January sees pace returning to the engineering and construction sectors

Highlights

• The monitor recorded 37% month-on-month increase in vacancies in January 2016. The proportion of job opportunities reached the same level as in January 2015.
• There was a 50% month-on-month increase in the number of professionals active in the job market between January 2016 and December 2015.
• Growing demand for candidates is leading to increased urgency in hiring processes as employers are becoming aware of the need to move quickly to secure top  talent.
• For areas where skills are in short supply such as IT, candidates are receiving and accepting counteroffers from existing employers proving the job market is becoming  more candidates-driven.
• There is a defined shift from temporary towards permanent hiring as confidence in the market returns. The contract market in sectors such as IT and Supply Chain is slowing down in favour of permanent roles.
• There was an uptake on administrative roles within construction due to increased activities in the property and building sectors. Legal secretaries and PAs with property experience are also in high demand.
• In the Engineering sector, new companies are entering the Irish market, candidates with start up or green field experience are in demand.

Wednesday 10 January 2016: The number of professional job vacancies in January 2016 was up by 37% nationally compared to the previous month according to the January 2016 Morgan McKinley Ireland Employment Monitor. There was a 50% month-on-month increase in the number of professionals active in the job market.