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21/08/2017

Over 400,000 Jobs Supported In 2016

More than 409,000 full and part-time jobs were created in 2016 by companies supported by Enterprise Ireland, IDA and Údarás na Gaeltachta, accounting for 31% of total business employment in Ireland.

There was a 5.4% increase in total employment in agency client companies since 2015, an increase of over 21,000 jobs.  

The results were revealed in a survey carried out by the Department of Jobs, Enterprise and Innovation, providing an analysis of employment levels in Industrial (including Primary Production) and Services companies assisted by the development agencies.

This 2016 Annual Employment Survey report looks at employment trends over the 10-year period from 2007 to 2016. 

Total full-time employment among Irish-owned companies amounted to 176,271 in 2016, an increase of 10,511 jobs (6.3%) over 2015. This increase continues the five year trend of positive employment growth for Irish-owned firms, following four years of net losses in employment between 2008 and 2011. Employment in Irish-owned firms increased by 27% from the low point in 2011 (138,464) to 2016 (176,271) and by 6.3% over the 10 year period. Irish-owned companies accounted for 49% of total full-time employment in agency-assisted firms in 2016 compared with a 51% share in 2007.  

Among foreign-owned companies, total full-time employment amounted to 185,773 in 2016, an increase of 10,121 jobs (5.8%) over the previous year and the sixth successive year of growth. Employment in foreign-owned firms stood at 158,199 in 2007 and increased by 17.4% or 27,574 jobs by 2016.  

All regions covered in this survey  - the Border Midlands and West (BMW), Dublin, and the South and East (S&E) - all saw increases in employment over 2015 levels, giving a sixth consecutive year of employment growth for those regions. Over the 10 year period, 2016 is the year with the highest level of employment for all these regions. 

(MH)

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