Archives for April 2017 | Collins McNicholas

Increase in Registered Job Vacancies of 9% in the 1st Quarter of 2017

Increase in Registered Job Vacancies of 9% in the 1st Quarter of 2017Collins McNicholas has seen a 9% growth in registered job vacancies in the first quarter of 2017 compared with the first quarter of 2016. The number of candidates registering with Collins McNicholas has increased by 1% in the same period. The unemployment rate for February 2017 was 6.6%, down from 6.7% in January 2017 and down from 8.4% in February 2016. As the unemployment rate declines, we are seeing a tightening in the labour market and increased demand for certain types of skills. The biopharma, medtech and software sectors continue to grow and there is increased demand for engineering, science, data analytics and software development skills within these sectors. It is encouraging to see the growth of the Coder Dojo movement and the increased applications in the STEM subjects at third level, positioning Ireland to take advantage of the expected growth in these sectors globally where the competitive advantage is centred on access to talent. The short to medium term outlook for the Irish economy is good. The ESRI forecasts GDP growth of 3.8% in 2017 and 3.6% in 2018, with a corresponding fall in the unemployment rate to 6.4% by the end of 2017 and 5.6% by the end of 2018. Although Brexit will likely have some negative impact on trade, the economic outlook for Ireland’s principal trading partners looks positive in the short to medium term. Domestic factors are playing a more important role in economic growth with a resurgent construction sector expected to be a significant driver of this growth as the housing shortage is addressed. Ireland continues to attract international investment and this year has already seen several major job announcements with Microsoft (600 jobs), Indeed (500), IQ Pharmatek (200), EY (100), Fenergo (200) Element Six (100), and Accenture (300), all making important job announcements in the past 3 months. Commenting on the jobs market Niall Murray, Managing Director of Collins McNicholas, said: ‘Quarter one of 2017 has continued where 2016 left off, with strong job growth and a steady rate of candidate applications. Increasingly, professionals are looking at company culture and development opportunities rather than focusing strictly on salary and benefits packages when assessing job opportunities. This trend is particularly prevalent among millennials.’           Niall Murray Managing Director Collins McNicholas Recruitment & HR Services...

Read More

Top Five Lifestyle Reasons Why Limerick is Now a Location of Choice for Job Seekers

1. Plentiful Job Opportunities – Job opportunities are on the rise in Limerick in many sectors, and at all levels. This is great news for job seekers who may have had to relocate previously to other parts of Ireland in the last few years when the recession hit, and would now like the opportunity to move back to their hometown. The unemployment rate in Ireland has reduced to 6.6% in February 2017 from 8.4% in February 2016. 2. Educational Facilities – Limerick takes pride in the education facilities it provides. It is home to one of Ireland’s top universities – the University of Limerick. The University of Limerick provides its students with a great variety of undergraduate and postgraduate courses to choose from and has a booming employment rate for graduates that is 20% higher than the other six Universities in Ireland.   3. City of Culture – The people of Limerick are now creating a more vibrant culture in the city with continuous improvements to the cities social and cultural amenities through expansion, development and regeneration. This is all part of the “Limerick 2020 campaign” to be recognised as a European Capital of Culture in 2020. Exciting upcoming events and things to do can be found on     4. Sporting Facilities – Limerick has extensive sporting facilities. Thomond Park is the home ground of Munster Rugby which is one of the most famous rugby clubs in the world. Other well-known sporting facilities include the Gaelic Grounds which is the main GAA stadium in Limerick city, home to several hurling and football teams. If you are interested in...

Read More