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A new jobs report suggests that one Irish province is lagging

The outlook for Ireland's jobs market has recovered to 2007 levels of optimism according to the l...
Newstalk
Newstalk

11.17 13 Sep 2016


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A new jobs report suggests tha...

A new jobs report suggests that one Irish province is lagging

Newstalk
Newstalk

11.17 13 Sep 2016


Share this article


The outlook for Ireland's jobs market has recovered to 2007 levels of optimism according to the latest Manpower Employment Outlook Survey.

Its report shows that managers across 10 out of 11 sectors are planning to take on new staff in the coming months.

Irish employers' seasonally adjusted Net Employment Outlook is +12% - this is the percentage of employers to expect to add staff - minus the amount who expect to have fewer at the end of the three months.

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Connaught is a clear outlier in these figures, reporting an outlook of -2%.

"Job seekers can expect the weakest – and first negative – hiring pace since Q1 2014 in the upcoming quarter," the report states.

This is a decline of 9 percentage points both year-on-year and quarter-on-quarter.

Its figures have been impacted by job losses, including payment services firm Fintrax's decision to halve its Connemara workforce with the loss of 35 jobs.

Ulster has the strongest outlook - it's reported its strongest figures in almost 10 years.

The outlook is strongest in the hotel/restaurant and the electricity, gas, and water sector.

While finance, insurance, real estate and business services employers have the most cautious outlook and the only negative seasonally adjusted figure at -1%.

John Galvin, head of sales with recruitment agency ManpowerGroup Ireland commented on the report:

"Brexit has been a contentious issue for many employers in Ireland but the Q4 survey suggests that employers in most sectors, despite the uncertainty surrounding Britain's exit from the EU, are still planning to up recruitment levels in the remaining quarter of 2016."


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