Workers may opt for working remotely to avoid inflation, IrishJobs.ie reportBlathnaid O’Deaon April 22, 2022 at 09:34 Silicon RepublicSilicon Republic

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There was a 130pc year-on-year growth in the number of roles offering remote work, according to the latest quarterly jobs index from IrishJobs.ie.

The first Quarterly Jobs Index of 2022 also indicated that the market was slowly beginning to stabilise following the pandemic.

The index revealed a 44pc year-on-year growth in the number of jobs available across the country. This represented a deceleration of growth compared to the year-on-year figure for the last quarter (86pc).

Orla Moran, general manager of IrishJobs.ie, said that the index had “reflected the variable nature of the pandemic and its role as a key driver of hiring surges across the country towards the end of last year.”

Moran attributed the stabilisation in the jobs market to the recent lifting of all public health restrictions. However, she cautioned that the growth in jobs vacancies still represented an increase of 44pc compared to the same time last year.

“This shows that the market for employment remains strong for job seekers around the country and employers need to remain competitive in order to retain and recruit talent.”

Moran said that it was still “an employee’s market,” adding that “HR departments will continue to have to work hard to fill key talent gaps in their organisation.”

“This period is being framed as the ‘Great Re-Evaluation’ as employees assess their career options and consider what is important to them. We are also starting to see the impact of inflation, which the ESRI believe will run at an average of 6.7pc for the year, and is likely to encourage employees to move jobs to try and attain higher salaries in order to keep pace with soaring consumer prices.”

Moran continued that it was possible than inflation could “replace Covid-19 and a better work-life balance as a key factor driving up the number of roles offering remote work, as people try to cut down on commuting and other costs associated with working from the office.”

“In fact, working from home vacancies continue to grow at a faster rate than overall vacancies.”

While year-on-year numbers have slowed, jobs have increased by 3pc quarter-on-quarter. The overall volume of jobs available remains high, with more options being made available to remote workers as well as jobseekers outside of the capital.

Almost every county in Ireland experienced double or triple digit year-on-year growth, with the exception of three.

Job openings in Dublin rose by 38pc, representing a modest 3pc quarter-on-quarter increase. However, Wicklow experienced a 134pc increase, followed by Kilkenny (129pc), Kildare (114pc) and Carlow (116pc).

Last July, IrishJobs.ie reported an increase in vacancies in the IT and financial sectors. Retail was the only sector to experience a major decline.

This year, jobs have rebounded significantly in the sectors worst hit by Covid-19 restrictions, such as tourism, travel and hotel and catering.

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