65% of employers plan to hire in 2012

The majority of professional employers are looking to hire this year according to Morgan McKinley.

The global professional recruitment consultancy surveyed senior-level operational and HR managers, of which 65% said they planned to hire in 2012. The research also indicates that over half (58%) of respondents expect hiring levels to increase in 2012, compared to last year – only six per cent foresee a decrease.

The Morgan McKinley Irish Employment Monitor also found that while there was a nine per cent month-on-month decrease between November and December 2011, year-on-year figures showed a 29% increase.

Furthermore the total number of new professional job vacancies registered for 2011 grew significantly to 93,552 – 34% higher than 2010. However, this is still less than half of the 208,633 jobs recorded in 2007.

Karen O’Flaherty, Chief Operations Officer, Morgan McKinley Ireland says: “Undoubtedly, 2011 was a turbulent year for Ireland. A new government was formed, a harsh austerity Budget was unveiled and shockwaves from the eurozone crisis affected decision making domestically and abroad.

“There is still considerable uncertainty in the marketplace but many companies, particularly multinational corporations and export-led firms, are gearing up for a busier 2012. Our research shows that the majority of professional employers have plans to hire over the next 12 months, a positive indicator for the Irish economy.”

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