Il rallentamento del mercato del lavoro potrebbe indicare un’economia più difficile in futuro
https://www.independent.ie/business/jobs-market-slowdown-may-point-to-tougher-economy-ahead/a2019157722.html
di Banania2020
Il rallentamento del mercato del lavoro potrebbe indicare un’economia più difficile in futuro
https://www.independent.ie/business/jobs-market-slowdown-may-point-to-tougher-economy-ahead/a2019157722.html
di Banania2020
15 commenti
Thanks FFG
Time to move to Jobstown
Wouldn’t job postings typically slow in tbr last 3 months of a year anyway? What’s it look like compared to the same 3 month window in 2023? That might be a better indicator
Ah yes, the famously busy months for recruitment.
Jaysus we can’t even get people.to apply for our vacancies.
Whole thing seems a bit sensationalist. Job market typically slows at the end of the year as companies have spent their budget for new hires & staff are less likely to move in the run up to Christmas.
Then you have stuff like saying that IT demand has been scaled back but strong and increasing demand for automation and AI…. Cool, so when you remove two of the fastest growing IT sectors…it isn’t doing so well? A bit selective to say the least
The one thing that worries me is that the “energy crisis” (aka the new energy normal) is actually getting worse. Electricity will go up again this year, and gas is expected to go up again slowly over the next few years. There’s no real light at the end of the tunnel either, there’s not really anything major you can point to and say “this will bring down energy prices within the next 5 years”, the new infrastructure being built like greenlink and celtic interconnectors, while they are great projects and will push down prices they are not enough to offset the rising costs. After 2030 it’s a different story though.
I think it’s largely down down to (as the article suggested) the uncertainty. Companies are prepping for the possibility of an economic slowdown that may not even come.
I also hate it when data is used to compare two different periods in a year in this context. Should be set against this Q4 2023
The everything bubble will pop soon. Probably Monday to kick off the new Trump era.
Until there’s stability in US policy really a lot of multinationals aren’t going to be expanding. It’s not an Irish domestic issue at all. Life sciences are in a situation where they’ve no idea what US health policy is going to look like, with a potential anti-science health secretary and various unprecedentedly bizarre appointments and policy shifts.
You’ve Trump ranting about random tariffs and making statements about what would seem to be trade wars.
A lot of businesses just aren’t going to be taking risks for at least the next few months until they see where things are really headed. It could be hot air or it could be chaos.
Businesses, particularly big ones with heavy R&D and complex products with long timelines like pharma and bio pharma don’t like unpredictable regulatory and political environments.
The next 4 years could be very bumpy.
There’s an awful whiff of 2007 about things at the minute. Lowry and the Healy jockying for goodies as they prop up the Government, just as Lowry and Jackie Healy Rae did after the 2007 election. The feel good factor is running high, we’ve an economy the envy of our European partners. Meanwhile … a few eyebrows being raised in some corners over emerging employment trends. Next we’ll have some Fianna Fáil’er telling us we should top ourselves for talking down the economy.
I jest, but it is a bit uncanny.
Lol, it will affect economy in all modern world considering AI is developing at a ridiculously fast pace and many many jobs will be gone
I got a job so luckily my period of uncertainty is over, but I wonder if companies are also setting their standards a bit too high? The biggest contributing factor to me not getting jobs I applied for was a lack of experience, with most places wanting a minimum of two years. For a management position I can understand, but for positions that were entry level, or where a few weeks of training would have you up to speed, it seems a bit excessive and rules a lot of people I imagine would be well able to do said jobs.
Ayyyyy what a time to graduate.
Everytime we complain about the housing catastrophe and rental market, FFG points us to the good jobs market.
What happens when/if we don’t have that jobs market or the housing? Thousands of the most productive citizens and residents of this country will leave, again.
Ah yes, the weekly “this is 2007 all over again” predictions on r/Ireland.
A tradition going back as far as 2018. Totally ignoring the completely different circumstances- ie. households hold half the relative debt to their income etc.
Almost as if humans want to be outraged and react hysterically to the news or something.