The North West region has experienced a significant rise of 19% in employment opportunities over the last quarter according to the latest NIJobs.com Job Report.
Produced in partnership with Ulster Bank, the report sees job data analysed and interpreted by Ulster Bank’s Chief Economist Richard Ramsey and is a strong indicator offering important insight at a local level about the types of jobs people are looking for and also the roles companies are keen to recruit.
The latest indicates that overall job listings have dipped slightly by 7% in the third quarter, though that figure conceals contrasting performances within a range of key sectors and geographical areas within the province.
Over one-third of all employment categories posted a rise in vacancies in Q3. A number of categories that reported decreases in some parts of the province saw rises in Derry/ Londonderry.
“It’s terrific to see jobs rise across the North West region, I believe the increase can be attributed to a variety of factors,” said NIJobs general manager Sam McIlveen.
“We’ve seen this region successfully attract companies such as Convergys and Firstsource to Derry city. These global players are prolific recruiters, consistently hiring on NIJobs.com.
“Jobs in demand in Londonderry, in particular, included jobs in nursing, sales and accountancy and finance.
“This recent quarter saw also saw robust demand for jobs in banking, financial services and insurance with companies such as Danske Bank, Bank of Ireland, Santander and AXA all active locally.”
Mr Ramsey said the north west was “bucking the wider trend” with a notable increase in employment opportunities.
“Production, manufacturing and materials job openings have been on an upward trajectory for the last seven quarters,” he said.
“Manufacturing has been enjoying the tailwind from a weak exchange rate and strong demand. This is likely to be a combination of new jobs and some replacement of EU nationals leaving the local labour market.”