My Government, through Enterprise Ireland, typically support employment in regions like Cavan and Monaghan through a range of programmes aimed at fostering entrepreneurship, business development, and job creation. These initiatives often include providing financial assistance and mentoring to local startups and small to medium-sized enterprises, encouraging foreign direct investment in the region, supporting skills development and training, and facilitating access to international markets for local businesses.
Promoting our Irish-owned firms is a central element of my Department’s White Paper on Enterprise. In particular, the White Paper includes a regional target of unemployment not exceeding one percentage point of the national unemployment rate in any region.
The continued promotion of indigenous enterprise in Ireland is further supported by the Economic Recovery Plan and the Trade and Investment Strategy 2022-2026: Value for Ireland, Values for the World. Key priorities set out by that Strategy focus on the promotion of Ireland’s investment ecosystem and reaping the benefits of the EU Single Market.
The most recent employment data for Enterprise Ireland clients available for Cavan and Monaghan is set out in the tables below:
Employment in Enterprise Ireland Supported Companies - Cavan
-
|
2022
|
2021
|
2020
|
|
2022
|
2021
|
2020
|
Total No. of Jobs
|
6,534
|
6,506
|
6,045
|
No. of Plants
|
67
|
70
|
81
|
Total Gains
|
310
|
256
|
280
|
Total Losses
|
-310
|
-151
|
-236
|
Total Net Change
|
-
|
105
|
44
|
Employment in Enterprise Ireland Supported Companies - Monaghan
-
|
2022
|
2021
|
2020
|
|
2022
|
2021
|
2020
|
Total No. of Jobs
|
6,255
|
5,579
|
5,548
|
No. of Plants
|
79
|
78
|
107
|
Total Gains
|
435
|
498
|
244
|
Total Losses
|
-127
|
-51
|
-388
|
Total Net Change
|
308
|
447
|
-144
|
In relation to the job losses, in the Annual Employment Survey 2022, the net change in Cavan was 0% - there were 310 gains and a similar level of losses. There were 21 companies that accounted for these 310 job losses. While there were significant job losses in Cavan, it should be noted that there were also significant gains in Cavan, resulting in a net zero position.
In terms of Monaghan, the net loss of 127 jobs is made up of 29 companies. There were also significant gains in Monaghan of 435 jobs, giving a net position of 308 or 5% growth compared to 2021.