Graduate outlook remains strong despite tech industry lay-offs

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Opportunities for graduates cited in life sciences, finance, construction, pharmaceutical, engineering and technology

“Sustainability and the sustainable economy is another area with massive scope for roles. Enterprise Ireland recently said that climate- and agritech-focused roles would be in significant demand.”

“Our data also shows that the highest number of jobs available for grads at the moment are within similar sectors, with graduate engineers, graduate management trainees, finance graduates and graduate electrical engineers most in demand. In addition, the fastest-growing jobs year on year include graduate civil engineers, graduate project engineers and graduate quantity surveyors.”“Speaking to colleagues in the food and hospitality sectors, it is booming.

As for the technology sector, Kearney and Vahey say the number of lay-offs in the technology sector is relatively small, and technology skills remain useful and valid in areas such as supply chain, logistics, manufacturing, fintech, pharma and more. “There is definitely a sizeable decrease in remote roles, with most organisations expecting either on-site or hybrid working models to be followed. Coupled with the cost-of-living crisis and housing crisis, this can limit the choices facing graduates or impact what roles they can realistically take.

“Graduates and students are talking of the housing crisis, and how it impacts their studies,” says Vahey. “These are not conversations about buying a house, but about finding somewhere to live.”

 

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