15 per cent jobs growth forecast for Limerick this year

FRS Recruitment General Manager Lynne McCormack.

THE number of job opportunities in Limerick will grow by 15 per cent this year after six per cent increase in 2022.

Lynne McCormack, General Manager with FRS Recruitment, said they are confident that they will see further growth in recruitment opportunities in Limerick for the year ahead.

“We experienced a positive year in Limerick last year and our belief is that this will continue over the coming 12 months,” she explained.

“Both in Limerick and nationally we believe there will be strong opportunities in the information technology, healthcare and construction sectors.

“There has been such a build-up in openings across these sectors over recent years that they have become relatively solid and that will continue throughout 2023.

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“Not all parts of the economy will rise in 2023, but we are very optimistic about the prospects in those particular sectors.”

Another trend FRS saw in Limerick and 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 Limerick and nationally focus more on job security and work life balance considerations,” Ms McCormack added.

While Limerick experienced a positive increase in job openings in 2022, the counties to experience the highest increases included Clare (31 per cent), Wicklow (34 per cent), Dublin (36 per cent) and Roscommon, which recorded the highest year on year increase at 101 per cent.