There was a 16% decrease in the number of new professional job opportunities from June 13 (9,147) to July 13 (7,681), according to the Morgan McKinley Irish Employment Monitor.
The Monitor reported that the number of jobs available compared to the same month last year July 12 (7,953) decreased by 3% in July 13 (7,681).
The number of professional job seekers entering the market increased by 10% from 8,371 in June 13 to 9,240 in July 13. There was also a decrease of 19% recorded in the number of professionals seeking new career opportunities during the same month last year (11,365).
"July saw a decrease of 16% in the number of newly released job opportunities compared to June 13," said Karen O’Flaherty, chief operations officer, Morgan McKinley. "This decrease in July’s job numbers can be attributed to holiday season and subsequent slow down in hiring."
"Professional job seekers numbers in July have been somewhat buoyed by an increase in the number of returning professionals from Australia, Canada and the UK. Returning professionals are securing roles across sectors, in particular finance, science, marketing and IT. Those successfully securing roles are sending a positive message back to overseas friends and colleagues that new opportunities are emerging in Ireland. The advice to returning job seekers is to be prepared, it’s an employers market and the competition for every role is tough."
"Across the banking sector qualified accountants with very strong analytical skills in risk, stress testing, excel modelling and IT skills are in demand," said O’Flaherty.
"Looking forward to the remainder of the summer we expect a further slow down in the rate of new jobs being released and job seekers looking for new roles as many hiring decisions are typically on hold over the holiday season," concluded O’Flaherty.
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