Wednesday 22 November 2017

Further signs of recovery with 5pc rise in number of jobs advertised online

Hotels and restaurants have shown job growth
Hotels and restaurants have shown job growth
Sarah McCabe

Sarah McCabe

THE NUMBER of jobs advertised online grew by 5pc last year as job creation recovered, a new index has found.

After a decline in the first three months of the year, there were three consecutive quarters of growth in recruitment levels, the figures showed.

This growth, measured in an index by recruitment website, was driven by a boom in accountancy, finance, customer services, hotel and catering, and medical vacancies.

University of Limerick economics lecturer Stephen Kinsella urged a cautious approach towards the findings. "A continued upward trend in jobs advertised online with only marginal growth in the last quarter signals both the beginning of economic growth and the fragile nature of the situation we're in," he said.

The final months of last year, the study found, were particularly good for the beleaguered construction industry.

The number of jobs advertised for that sector was up 26pc between October and December in comparison to the same period a year before.

Legal services jobs advertised during those three months also jumped, up 10pc, while the education and childcare category rose by 7pc and transport was up 11pc.

A surge in applicants was also evident in the final quarter of 2013, up 30pc.

Clear post-recession trends have emerged, a spokesperson from said.

From the Index quarter of Q2 2009, almost all sectors are up.

Manufacturing jobs peaked in the second quarter 2012, falling since that quarter along with IT and sales.

Hotel and catering has rebounded somewhat, buoyed by favourable exchange rate movements, pricing changes, VAT changes and events like The Gathering.

Irish Independent

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