It has been a positive first six months for the job market in 2014. Collins McNicholas has registered an increase in the number of job vacancies and in the number of job placements compared with this time last year.
There has been a 23.6% increase in the number of vacancies available, compared with the same period in 2013. We have also seen a 12% increase in the number of placements, with a significant rise in the number of temporary placements. Temporary placements rose by 31% in the first half of 2014. This rise in temporary placements reflects the changing needs of companies. They are now looking to develop a more flexible workforce, which has translated into much greater demand for our temporary solutions. This progress comes on the back of a strong performance in job growth in 2013.
This encouraging rise in vacancies and job placements is in line with recent economic data showing good economic growth and a declining unemployment rate. A strong export sector, led by the thriving ICT, pharmaceuticals, and MedTech industries has been the driving force behind recent job creation. There has been a greater demand for professionals in the pharmaceutical, medical device and ICT sectors, as well as strong demand for specialist skills in these industries. Multilingual skills have also been in demand. The substantial rise in the number of vacancies and placements that we have seen in Collins McNicholas reflects the positive changes that we are seeing in the broader economy.
According to General Manager Niall Murray, “the greater demand for temporary placements, and the growth in the ICT and life science sectors, gives an excellent outlook for the rest of 2014. I would expect job creation to improve and the economy to expand throughout the rest of the year.”
Collins McNicholas Recruitment & HR Services