28% fewer jobs available than the previous year

05/11/2023
Employee.ie

 

According to the most recent Jobs Index released by hiring portal IrishJobs, job openings decreased by 28% on an annual basis and by 7% on a quarterly basis.

According to data from the third quarter of this year, there were 42% fewer job openings in the IT sector than there were the previous year and 12% fewer than the previous quarter.

There were decreases in construction, real estate, and finance job openings on an annual and quarterly basis.

Job openings in 22 of the industries studied are still higher than pre-Covid levels, albeit declines from the peak levels of the previous year.

Both the manufacturing and customer services industries saw an increase in job openings.

The number of full-remote/work-from-home positions decreased by 4% during the third quarter of the year.

Sam Dooley, Country Director of The Stepstone Group Ireland and person in charge of IrishJobs, stated, "Results from the Q3 Index show us that the labour market remains strong, with an unemployment figure of approximately 4% indicating the economy is close to full employment." This is in spite of a slowdown in economic growth.

"Job vacancies continue to decline this quarter in an ongoing trend following exceptional highs last year."

"However, the levels of job vacancies in the economy remain healthy as various sectors continue to normalise, with 22 job sectors tracked in the Index sitting above pre-pandemic 2019:Q3 vacancy levels," added Mr Dooley.

 
Source: RTE
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