Tuesday 26 September 2017

Numbers looking for a job up by a fifth

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Colm Kelpie

Colm Kelpie

The number of professionals looking for a job increased by more than a fifth last month, compared with March of last year, according to the latest gauge by Morgan McKinley.

But the availability of jobs reduced by 10pc, with seasonal factors being blamed.

The Morgan McKinley Jobs Monitor also noted that there was a reduction of 8pc in the number of professionals seeking new roles between February and March.

Morgan McKinley Ireland chief operations officer Karen O'Flaherty said the professional jobs market remained buoyant.

"As the economy returns to high levels of employment, overall confidence has stabilised to a level where there is an increased willingness among professionals to consider onward career development opportunities, and there is greater mobility apparent in the jobs market as a result," Ms O'Flaherty said.

"Aligned to that, employers are focusing on offering enhanced compensation and benefits combined with clearly-defined professional-development programmes within their organisations.

"While companies need to be very competitive in their job offers, this is at sustainable levels at present and we are not currently seeing the re-emergence of any excesses of the past."

The majority of companies seeking finance professionals are doing so on the basis of projected growth, as opposed to consolidating their current staff numbers, the monitor stated.

This is a nationwide trend and not just confined to the Dublin Area.

Irish Independent

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