The number of job opportunities in Cavan will grow by 10% in the coming year. Meanwhile, job opportunities in Monaghan are expected to grow by 5%. The figures were revealed as part of a new forecast from FRS Recruitment, one of the country's leading recruitment agencies.
According to the report, the 10% increase follows on from a 5% decrease experienced in Cavan in 2022. Meanwhile the 5% increase expected for Monaghan follows on from the 2% increase experienced last year.
Speaking to Northern Sound , Lynne McCormack, General Manager with FRS Recruitment said she is "confident" that we will see further growth in recruitment opportunities in both Cavan and Monaghan for the year ahead.
“Both in Cavan and Monaghan, we believe there will be strong opportunities in the IT, healthcare and construction sectors," she explained. "There has been such a build-up in openings across these sectors over recent years that they have become relatively inelastic and that will continue throughout 2023. Not all parts of the economy will rise in 2023, but we are very optimistic about the prospects in those particular sectors."
Lynne continued, "Another trend we saw across the economy last year was that the level of applications did not keep up with the number of openings. With the economy reaching a 20 year low for unemployment and nearing full employment, this impacted the market.
"For some high demand sectors it became a candidates’ market. This, coupled with the rising cost of living, meant significant pressure on salaries in some high demand sectors over 2022. With the economy likely to be less buoyant in the next year, we expect this pressure will diminish as candidates in Cavan and nationally focus more on job security and work life balance considerations."
