Irish Job Openings Fall 4.8 Percent as Registrations Surge
Morgan McKinley reports a decline in Irish job vacancies alongside a 51 percent annual surge in jobseeker registrations as workers seek new opportunities.
Job vacancies in Ireland decreased by 4.8 percent year-on-year during the third quarter, according to an employment monitor report from recruitment firm Morgan McKinley. While openings rose slightly by 0.2 percent compared to the previous quarter, jobseeker registrations surged 14 percent quarter-on-quarter and 51 percent year-on-year.
The report indicates that the spike in registrations does not signal a rise in unemployment. Instead, the data suggests that many workers are actively seeking new opportunities while remaining employed. Despite the increased availability of candidates, employers continue to face significant shortages of specialist expertise in fields such as cyber security, engineering, construction, compliance, and employment law.
Artificial intelligence is also reshaping the recruitment landscape. Employers are increasingly demanding practical AI capabilities in finance, human resources, marketing, and operations. However, the report notes that firms are expressing concern over the accuracy of AI-generated CVs. Trayc Keevans, Global FDI Director at Morgan McKinley Ireland, noted that while headline numbers suggest a more favorable market for employers, the reality remains nuanced due to the ongoing competition for specialized talent.