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The retail sector is delighted that more part-time jobs are becoming full-time

An increase in the number of full-time jobs has resulted in a boost for retail sales.

PastedImage-17640 Savills Ireland Savills Ireland

THE STRUCTURE OF employment growth in Ireland is changing, with employers opting for full-time instead of part-time jobs, according to a new report.

This shift is resulting in a strong boost for the retail sector. Sales have increased for nine consecutive months.

Savills’ new Ireland Retail Market in Minutes report notes that 76,000 new jobs have been added to the economy since a low point in 2012.

“We are now seeing part-time jobs being converted to full-time employment as the recovery becomes more deeply established,” Dr John McCartney, economist and research director at Savills Ireland, said.

As a result, consumer confidence and disposable incomes are improving.

PastedImage-62482 Savills Ireland Savills Ireland

McCartney said that recent jobs growth has driven consumer confidence to the highest level since the beginning of 2007:

“We see this reflected in increased sales of larger, more expensive items such as cars and furniture.”

CSO figures released earlier this week showed that almost 24,000 more new vehicles are on our roads so far this year, an increase of 30.9% compared to the same period last year.

PastedImage-4258 Savills Ireland Savills Ireland

Today’s report also touches on the retail property market, in which demand was focused ‘on prime high streets and shopping centres both in Dublin and in the main regional cities’.

“Despite stronger activity on the ground, relatively few new entrants have come to the Irish market,” chairman and Head of Commercial Division at Savills said.

Moreover, of these new arrivals, the majority are focusing on prime Dublin locations. However, as jobs growth and the housing market recovery diffuse from the main urban centres there will be a gradual improvement in regional markets.

A separate report by Morgan McKinley out this morning showed the professional vacancies in Ireland has increased in the last month and is up almost 20% since this time last year.

However, “significant differences” in salary expectations between jobseekers and employers exist.

This report also noted an increase in the number of permanent positions on offer.

Read: More professional jobs available – but wages offered are too low >

More: Six shopping centres up for grabs, going rate €120 million >

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13 Comments
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    Mute Gregson from the Block
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    Nov 9th 2022, 9:51 AM

    What a knob

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    Mute Niall Gannon
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    Nov 9th 2022, 11:23 AM

    @Gregson from the Block: still laughing :)

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    Mute Celtic Eagle
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    Nov 9th 2022, 9:59 AM

    “And the Award for best proxy war goes to..”

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    Mute
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    Nov 9th 2022, 10:02 AM

    It has been great acting I will admit.

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    Mute Stephen Doyle
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    Nov 9th 2022, 12:47 PM

    The CGI and choreography excellent too!

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    Mute JedBartlett
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    Nov 9th 2022, 10:05 AM

    Well I suppose he’s been acting like he’s on the front line for a while now with the constant wearing of the fatigues so why not get an Oscar. Congrats

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    Mute Barry Evans
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    Nov 9th 2022, 11:26 AM

    @JedBartlett: he could have at least stuck on a tux to receive it…….

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    Mute Chris Linehan
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    Nov 9th 2022, 3:59 PM

    @JedBartlett: To be fair, while there’s certainly an element of optics around his battle fatigues, if I was Russia’s No. 1 target and could have missiles dropped on me at any moment, I know I’d prefer to have boots and cargopants on instead of loafers and shirt/tie combo. Loafers aren’t known for their rubble climbing abilities.

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    Mute Al Fresco
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    Nov 9th 2022, 9:48 AM

    A nice gesture! Well done.

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    Mute Peter
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    Nov 9th 2022, 9:54 AM

    “We got the Oscar. War’s over boys, pack up- we’re going home”

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    Mute Sean McCarthy
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    Nov 9th 2022, 10:38 AM

    Tropic Thunder in real life. Very odd.

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    Mute Paul
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    Nov 9th 2022, 10:29 AM

    Curious, is that a best actor award ?

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    Mute Peter B
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    Nov 9th 2022, 10:40 AM

    Does this remind anyone of the 2004 film “Team America, World Police”? but worryingly this time it’s not puppet actors getting involved but a real one.

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    Mute Ronan C Gantly
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    Nov 9th 2022, 10:47 AM

    Amazing gesture and the principal of it too. Sean has been a vocal supporter of Ukraine

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    Mute Joe_X
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    Nov 9th 2022, 12:04 PM

    Was wondering as I was reading the article a few minutes ago, how long it would have taken the Russian bots to turn up saying how much Zelensky deserved the award….turns out it was almost immediately, almost as if they were waiting for the article….they must have been up all night trying to compose their comments.

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    Mute John O Mahony
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    Nov 9th 2022, 2:44 PM

    Yes that will stop the war

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    Mute Terry Tibbs
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    Nov 9th 2022, 2:45 PM

    Never go full Sean Penn

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    Mute Lien Lynch
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    Nov 9th 2022, 10:11 AM

    Well, he has 2 so he did keep 1 for himself

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    Mute David Van-Standen
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    Nov 9th 2022, 3:56 PM

    Didn’t Sean Penn visit El Chapo right before he was coincidentally detained by the authorities that had been unable to find him?

    Anyone checked that statue for a gps tracking device?

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    Mute Noelle Robb
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    Nov 9th 2022, 5:04 PM

    What’s he meant to do with it?

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    Mute Jim Smith
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    Nov 9th 2022, 8:42 PM

    “If I know this is here with you, then I will feel better and stronger for the fight.” Says one man to another who will never join a front line while handing him an Oscar. Never being mind forced to go to the front line to fight others that have been forced there too.

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    Mute Mark Dawson
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    Nov 9th 2022, 6:08 PM

    Where did Sean Penn get an Oscar lol

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