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215,207 people now employed by Enterprise Ireland supported companies

Written by Robert McHugh, on 10th Jan 2019. Posted in Ireland

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The Minister for Business, Enterprise and Innovation, Heather Humphreys and Enterprise Ireland, the Government agency responsible for developing Irish business globally has reported the creation of 18,846 new jobs by Enterprise Ireland supported companies in 2018.

Figures released yesterday show that 215,207 people are now employed in companies supported by the agency, growing at 4.4% in 2018. This is the highest total employment in the 20-year history of the agency.

Almost two thirds (61%) of the new jobs created were outside of Dublin with all regions recording increases in employment. Sixty four percent of total employment by Enterprise Ireland backed companies is now outside of Dublin.

Lifesciences (+8%), Construction (+8%), Electronics (+7%), Primary Meats (+5%) and Food (+3%) were the key performing sectors. The jobs growth translates into a net increase of 9,118 total jobs created in 2018.

Welcoming the results, Minister for Business, Enterprise & Innovation, Heather Humphreys said, "These record results are a great achievement and a testament to the resilience of Irish companies in the context of Brexit. They are particularly welcome in the context of similarly strong results from IDA-supported companies in 2018. I am especially pleased that 61% of the jobs created were from regionally-based companies and to see that there were increases in every region."

CEO of Enterprise Ireland, Julie Sinnamon added, "Today’s results suggest that we have yet to see a significant impact of Brexit on Irish companies. However, as the March 29 deadline approaches, and uncertainty continues, we would anticipate that 2019 will be a challenging period for some Irish exporters."

Source: www.businessworld.ie

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