Jobs opportunities in the Banking, Finanacial and Insurance sectors top the bill. According to Irishjobs.ie this sector had the most graduate roles in 2017. The Accountancy and Financial sector are second on the list. Followed unsurprisingly by the ICT sector. The fourth is Engineering and Utilities. Owing to the growth of the buidling and construction sector in recent years as the economy has improved the fifth sector is Construction, Architecture and Property.
According to the National Skills Bulletin 2017, there is a shortage of skills in all the above sectors. The National Skills Bulletin in particular noted vacancies that were identified as ‘difficult to fill.’ Occupations that fell into this category included those in the ICT sector as well as accountants, doctors and engineers. In 2017 the figures for permits issued outside the EEA to fill positions due to skills shortages were up by 27% on the previous year. Vacancies in the ICT sector accounted for 40% of the work permits issued for employees from outside the EEA and the health sector accounted for 30%. Vacancies in nursing, engineering and business analysis were also filled by professionals from outside the EEA.
Clearly there is a demand in the sectors identified by Irishjobs.ie for both graduates and experienced workers in the buisness, ICT, engineering and construction sectors but how does the interest among school leavers tally. Disappointingly school leavers are not responding to fill these surplus vacancies. The CAO figures released for 2017 show a decline in the number of students choosing engineering professions and subequently the points dropped in engineering courses. The ICT sector has a similar story. Encouragingly the applications for Built Environment sector and Architecture have enjoyed greater interest with a growing number of students applying for places on these courses in 2017. Built Environment had an 11% increase in application from 2016 to 2017.
In the coming weeks CAO will release the information from the initial CAO applications. These are subject to change when the ‘Change of Mind’ facility opens in May but CAO should be able to shed some light on this year’s trends.
For up-to-date information on the labour market, click here.
If you are nearing completion of your studies, and are preparing to enter the workforce, then follow the Jobs and Work link to find jobs that are available to third level graduates. In this area you will find the most comprehensive list of links to job sites specifically aimed at recruiting graduates.
You can also take a look at our Labour Market section to get information on the current trends in the Irish labour market and the jobs that are in demand.
If you know what you want and are getting ready to start applying for jobs, visit our CV & Applications area for help with your CV, Cover Letters, and Job Applications.
If you want to continue your studies to Postgraduate level, then go to our section on Postgrad Study. This area will brief you on the various study options available and provide links to finding courses that may suit you.
The CareersPortal Team