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)

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