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Most of the job search engines, career sites and economists agree that the top growth industries include:
- IT Services/Computer Software/Hardware
ICT is a key growth sector for Ireland and the availability of highly skilled IT professionals here has attracted many high profile companies that continue to reinvest. In addition, the IT outsourcing market could boom as employers increasingly look to third-party providers in order to cut costs.
- Accounting and Auditing
There is still some demand for qualified and part qualified accountants when all eyes are on the books at the moment. There is steady demand for compliance and risk professionals.
Qualified and newly qualified accountants are required within the pharmaceutical, manufacturing and energy industries, as are candidates with insolvency and forensics experience.
- Innovation and Intellectual Property Related Enterprises
Even in an economic downturn, businesses that are focused on innovation and niche product development can continue to grow.
The introduction by the Government of a new tax relief on capital expenditure incurred in the acquisition of intellectual property (IP) should act as a catalyst to attract further inward investment into Ireland and ultimately lead to the creation of new jobs.
- Green Sector Jobs
Employment in green sectors is on the rise according to recruitment agencies. Jobs in green areas such as renewable energy, environmental and energy-efficient technologies are forecast to continue to increase.
The creation of more and more companies in the green sector, such as wind farms and waste-water specialists has led to a strong demand for energy consultants and electric engineers. What’s more, companies involved in the production of environmental goods and services need all the other traditional supporting business functions such as finance, HR and marketing.
- Business Services
The latest Services Trade statistics released by the Central Statistics Office show that Services exports were up by 3% valued at €67.59 billion.
The rapid emergence of internationally traded services (e.g. computer and information services and insurance services) reflects the growing importance of the knowledge based industries.
There is a huge potential for a wide range of indigenous companies to join multi-nationals in exporting services from Ireland. This will be fuelled, in no small part, by the availability of an educated, young and linguistically diverse workforce.
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