06/11/2012

1300 New Jobs To Be Created Over The Next Three Years

New research, conducted among microelectronics firms in Ireland, forecasts that 1300 new jobs will be generated in the sector over the next three years.

The research also showed that there were currently over 50 open opportunities in the sector today in Ireland. The sector also shows a strong loyalty to graduates with a target to hire over 200 for graduate programmes throughout 2012/2013. The study, carried out by MIDAS Ireland, the industry-led organisation responsible for promoting the microelectronics industry, marks the beginning of Microelectronics Week, which aims to highlight the contribution of the sector to the Irish economy and its impact on the global market.

Currently employing over 8,000 people in over 55 companies, the microelectronics industry is a significant employer and major contributor to the Irish economy. In addition to highlighting the jobs potential in the sector, today’s study results conducted among MIDAS member firms, also shows strong levels of continued investment, with 86% of companies surveyed confirming they have made operational and employment investment at their Irish operations over the last 24 months.

This year the number of students taking engineering and science courses in third level has increased. MIDAS Ireland will continue to work with education and Government to improve this number year on year.

Welcoming the announcement, Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, said: "Information and communications technology is a key target sector in the Government’s Action Plan for Jobs and a major growth sector over recent years, with over 5,000 additional people employed in the past 18 months. There are many areas of particularly high growth within this sector, such as microelectronics, cloud computing and digital gaming and we can see today the major potential for employment growth that exists within the microelectronics area. We in Government are determined to continue providing the necessary supports for the growth of this sector."

(CD/GK)


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