First recorded fall in number of new jobs advertised in five years

The number of new jobs listed by employers in Ireland fell in the second quarter after five years of continual growth, a study shows.

The 4 per cent decline, which is the first recorded fall following 22 consecutive quarters of growth comes after a record number of jobs were posted in the January to March period.

The Cpl Resources employment market monitor is largely representative of the FDI jobs sector in Ireland and monitors jobs listings across IT and telecoms; science, engineering and supply chain; sales and marketing; accountancy, finance and banking, and legal and HR.

The study found that the accountancy, finance and banking sector continued to perform very strongly, with listings roughly one quarter higher than the 2016 average. In other sectors, listings declined between 7 per cent in IT, sales and marketing, to 15 per cent in the science, engineering and supply chain segment.