07/01/2016

Over 187,000 People Employed By Overseas Companies - IDA Ireland

Over 187,000 people are now employed by overseas companies, IDA Ireland has revealed.

The announcement marks the highest level of employment in IDA's client companies in the organisation's 67-year history.

Overall, total employment stands at 187,056, with IDA companies creating 18,983 jobs on the ground during 2015.

In addition, net jobs were 11,833 compared to 7,131 in the same time period last year, representing a year-on-year rise of 66%.

The number of investments secured during the year rose to 213 from 197, while the amount of new name investments increased to 94 from 88.

Jobs Minister Richard Bruton said: "Today's excellent results show that our multinational companies continue to perform exceptionally strongly, surpassing previous record levels of job-creation and achieving the highest employment levels on record. Consistent with the targets we set in our strategies, employment outside Dublin is performing strongly, with jobs growing in every region of the country.

"This consistent record of job-creation does not happen by accident, and is only made possible by careful implementation of good pro-jobs policies. We have a long-term economic plan to keep the recovery going, and this can give us confidence that with the right choices we can continue seeing results like this in the coming years."

(LM)

Related Irish News Stories
Click here for the latest headlines.

26 March 2024
Casement Park Redevelopment 'Must Be Delivered'
The redevelopment of Casement Park "must be delivered", SDLP leader, Colum Eastwood, has said following a meeting with an Ulster GAA delegation at Stormont.
30 June 2011
Irish Companies Achieve €14bn Of Exports
Enterprise Ireland’s Annual Report and Accounts for 2010 shows that Irish companies achieved €14bn export sales in 2010. Within that, Irish companies achieved a record €1.95bn of new export sales. This represents a strong rebound and recovery of 70% of the exports lost in 2009.
20 January 2014
Irish Workers Not To Be Affected By Intel Cuts
The Irish workforce for computer giant Intel are not expected to be affected by their recent announcement of staff reductions. Speaking on RTÉ News, Intel Ireland said there was "no indication" that anyone in Ireland would be affected.
10 March 2009
Construction Bosses Urge Government To Inject Money Into The Sector
The Construction Industry Federation is asking the Government fresh cash injection into the sector. The move comes following plummeting employment rates in construction, and the CIF are seeking to secure jobs and create more revenue.
06 January 2015
Over 15,000 Jobs Created In 2014
Over 15,000 new jobs were created by IDA Ireland client companies last year. When job losses were taken into account, the net increase in employment was 7,131, one of the highest net levels of job creation in a decade. Total employment at IDA client companies now stands at 174,488 people, the highest level in the history of IDA Ireland.