Irish Job Postings Through 5 November: Continued Growth
Demand for staff continues to advance.
We regularly update this report to track the pandemic’s effects on the labour market.
Growth of Irish job postings on Indeed continues. Job postings — a real-time measure of labour market activity — were 49.1% above the 1 February, 2020, pre-pandemic baseline, seasonally adjusted, as of 5 November, 2021. The strengthening of labour demand over recent months shows no sign of easing, with Ireland having further eased restrictions on 22 October.
Dental, medical information and chemical engineering see improvements
Over the last four weeks, the strongest improvements in job posting trends were seen for the dental, medical information and chemical engineering categories. Pharmacy, mathematics and community & social service saw the biggest deterioration.
Kildare continues to lead the recovery
Looking at trends in the five largest counties by job posting volume, County Kildare leads the recovery by some margin, with job postings 88% above the baseline. Galway follows at 77%. Limerick has the weakest job posting recovery at 19% above the baseline.
We will continue to provide regular updates on these trends as the situation evolves. We also host the data behind the postings trends plots on Github as downloadable CSV files. Typically, the site will be updated with the latest data one day after the respective Hiring Lab tracker is published.
All figures in this blog post are the percentage change in seasonally-adjusted job postings since 1 February, 2020, using a seven-day trailing average. 1 February, 2020, is our pre-pandemic baseline. We seasonally adjust each series based on historical patterns in 2017, 2018, and 2019. Each series, including the national trend, occupational sectors, and sub-national geographies, is seasonally adjusted separately. We adopted this new methodology in January 2021.
The number of job postings on Indeed.com, whether related to paid or unpaid job solicitations, is not indicative of potential revenue or earnings of Indeed, which comprises a significant percentage of the HR Technology segment of its parent company, Recruit Holdings Co., Ltd. Job posting numbers are provided for information purposes only and should not be viewed as an indicator of performance of Indeed or Recruit. Please refer to the Recruit Holdings investor relations website and regulatory filings in Japan for more detailed information on revenue generation by Recruit’s HR Technology segment.
Jack is an Economist on the Indeed Hiring Lab who focuses on the UK/Ireland labour market. Before joining Indeed, Jack was a senior economist at Nationwide Building Society and prior to that at global information provider IHS Markit. He holds an MSc in finance and economic policy from SOAS, University of London and a BSc in economics and finance from the University of York.