The Forfás Annual Employment Survey reports on job gains and losses in companies that are supported by the industrial development agencies. Data are compiled on an annualised basis and are aggregated at county level. It is therefore not possible to provide information for individual locations throughout the country. The survey shows that in the three-year period, 2007 to 2009 inclusive, there were a total of 1,448 new jobs created in IDA supported companies in Galway. Details of the number of new jobs created in each of those years are set out in the attached tabular statement.
During that same period a total of 16 announcements with a potential to create in the region of 800 new jobs in IDA Ireland supported companies in Galway were made. There were 6 IDA announcements relating to Galway in 2009 and 5 announcements in each of the years 2007 and 2008.
It is important to point out that there is always a time lag, often stretching over years, between the announcement of new jobs and their creation. That time is required for activities such as locating and acquiring a suitable site for the company's operations, constructing a facility and installing machinery as well as the recruitment and training of staff.
Of course, the numbers of jobs eventually created may turn out to be higher or lower than originally envisaged by the investing company as a result of developments in their product markets, general economic conditions, investment decisions and overall corporate strategy. In addition it must be pointed out that some job creation projects go ahead without an announcement being made.
New jobs created in IDA-supported companies in County Galway in each of the years 2007, 2008 & 2009
Year
|
2007
|
2008
|
2009
|
New jobs created
|
409
|
610
|
429
|