Ireland has faced the fall in the economy due to COVID-19 pandemic. The country suffered the losses of jobs in 2020, and it expects to recover from these setbacks in 2021 and in the coming years. The government has predicted that an employment increase of 5.5 percent will be seen in 2021 and more in 2022.
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Ireland Economy
In the case of GDP on a per capita basis, Ireland has taken up the fourth position. The highest population in the country is that of people under the age of 25. Because of this factor, the country also got the opportunity of attracting overseas investment. These factors are expected to provide an excellent impact on the growth of jobs in the country. Sectors like manufacturing, distribution, and transport will see growth till 2025.
Here are some other sectors in which there are chances of growth of job opportunities.
Medical and Pharmaceutical
The pharmaceutical industry in Ireland has provided employment to more than 50,000 people. This helped in the growth of GDP up to EUR 60 billion. It has been expected that 25,000 more job opportunities will occur in the coming years. The annual revenue is EUR 9.4 billion.
Software and ICT
UK has suffered from Brexit’s effect, and this has led to the transfer of French businesses to Ireland. The ICT sector of the country has provided jobs to more than 35,000 people. And the annual revenue generated by this sector is EUR 35 billion.
Financial services
It has been estimated that the number of employees in this sector is more than 35,000. There are around 60 credit institutions in Ireland.
IT Services
There are more than 200 IT companies in Ireland. The headquarters of the top companies of the world can be found in the country, and some of them are Facebook, Google, PayPal, and Twitter. There are many jobs available in this sector, and these include UI developers, software engineers, UI designers, and data analytics professionals.
Accounting and Auditing
There is a high demand for the trained accountants in Ireland. The demand has increased to provide financial transparency. Demand for chartered is also increasing.
Salary details of the top sectors
The table below will show the details of top sectors:
Occupation | Average monthly salary |
Information technology | 38,600 EUR |
Finance | 41,800 EUR |
Telecommunications | 33,900 EUR |
Human resources | 36,400 EUR |
Engineering | 32,500 EUR |
Sales and Marketing | 43,100 EUR |
Civil Construction | 22,600 EUR |
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