Stock imageAn accommodation crisis is fuelling a brain drain in some sectors as an exodus of young professionals depart for the UK and beyond, according to a major recruiter. A new ‘jobs monitor’ report reveals the lure of lower living costs is causing many to seek opportunities overseas, while hiring has begun to contract in some industries. The jobs report says newly qualified accountants are opting to emigrate to Australia and Canada due to high living costs and limited affordable accommodation. The driving force was higher salaries and lower living costs. It says laid-off professionals are being quickly rehired and cybersecurity roles are in high demand as well as AI talent.

Source: Irish Independent October 18, 2023 10:53 UTC