Unemployment is around 4.7%, according to CSO statistics released Friday.

Recruitment consultancy CPL is expected to post good results this Tuesday, according to a research note by Goodbody Stockbrokers.

Goodbody predicted the company would report a 73% increase in earnings on the back of a tight labour market.

Despite the slowdown in construction, overall growth outside that sector was up 3.5% year-on-year in the second quarter.

Employment in financial services was up 8%, and the demand for skilled workers inthis area, such as fund accountants, remains strong.

Goodbody put a new price target of 7.40 on the stock. CPL closed the week at 6.57.