Brexit uncertainty finally hits Irish jobs sector

8 Jun 2016

The number of available professional jobs in Ireland last month was down almost 10pc on the same time last year, though fintech and IT are still booming.

The uncertainty over Brexit is starting to hit the Irish jobs market, with the ‘will they? won’t they?’ process seeing a “level of inertia” when it comes to the hiring market, according to Morgan McKinley’s Ronan Hill.

However, his company’s jobs monitor predicts a significant boost in jobs should a ‘remain’ vote pass.

Back off, Brexit

However, even Brexit can’t hold back the booming IT and fintech sectors, which once again showed a robust monthly performance.

Fintech roles are growing on the back of a growing shift into automation, while recruitment within IT overall remains buoyant across both permanent and contract roles. Big data and security roles have also seen intense hiring activity this quarter.

Multilingual candidates continue to be sought after, with employers increasingly using technology such as Skype and Sonru to speed up recruitment campaigns.

“Salary inflation continues to be a feature of sectors where there is a more limited pool of talent such as IT and multilingual,” said Hill.

“The increase, year-on-year, in the number of work permits being granted to employers to enable them to bring non-EU citizens to work in Ireland is an indicator of how necessary a pipeline of international talent has become.”

Jobs in Ireland

Brexit-themed image via Shutterstock

Gordon Hunt
By Gordon Hunt

Gordon Hunt joined Silicon Republic in October 2014 as a journalist. He spends most of his time avoiding conversations about music, appreciating even the least creative pun and rueing the day he panicked when meeting Paul McGrath. His favourite thing on the internet is the ‘Random Article’ link on Wikipedia.

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