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Labour Market

Most industries plan to hire more staff, but overall employment to drop in Q4

Employment in Leinster and Connacht is set to be hit the hardest, dropping by 8 per cent.

EMPLOYMENT IS SET to drop in the last quarter of 2013, despite most industries planning to hire more staff.

The Employment Outlook Survey, carried out by recruitment firm Manpower, shows that the labour market is set to drop by four per cent, based on seasonally adjusted data.

That figure, however, is three per cent better than the same time last year, something the survey’s publishers say is a sign of hope in the Irish economy.

Based on quarterly figures, seven out of 11 industries reported planning to hire more staff in the last three months of the year.

Electricity, gas and water sector employees report the strongest outlook, due to be up six per cent.

That is contrasted by the agriculture, forestry and fishing sector, which is set to drop by 18 per cent, the weakest forecast since 2003.

The survey asked 622 Irish employers for their plans for the rest of the year. It found that Connacht and Leinster both expect 8 per cent drops in employment.

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