Dáil Éireann Debate, Tuesday - 25 July 2023
397. Deputy Jim O'Callaghan asked the Minister for Enterprise, Trade and Employment the number of IDA-supported jobs, by county, at the end of June 2023 or the latest date available, in tabular form; and if he will make a statement on the matter. [36673/23]
View answerIDA Ireland reported strong annual results for 2022 with a substantial increase in growth in FDI employment on 2021, numbers are now at the highest Foreign Direct Investment (FDI) employment level ever.
Growth in employment in 2022 brought the number of people employed in the FDI sector in Ireland to over 300,000. The results show continued substantial growth in FDI in 2022 despite a difficult global economic environment with 33,000 new jobs created in 2022.
Job losses, which were at historically low levels in recent years, increased in the latter half of 2022 as some tech companies sought to reduce costs and employee numbers in line with reduced revenue forecasts and weakening company valuations. These lay-offs, proportionate to the size of the overall portfolio, resulted in less net employment growth in 2022, giving a net increase of some 25,000 jobs year on year.
Growth in regions continued with employment growth recorded in every region of the country. Strongest regional performance among IDA clients in 2022 was in the Mid-East region (net change 13.6%), followed by Dublin (10.8%) and the Midlands (9.7%).
The strong growth in regional investment was supported by IDA Ireland’s property programme which supports the provision of a robust property and infrastructure ecosystem as a key differentiator in winning FDI projects.
The 2022 figures, which are the most up to date figures available, continue the pattern of sustained, robust growth in FDI investment and FDI-related employment that has been achieved over a continuous period of more than ten-years. However, at the announcement of the mid-year results earlier this month, the IDA noted that the global economy continues to face serious headwinds with the ongoing international turmoil caused by Russia’s illegal invasion of Ukraine, persistently high inflation and geopolitical developments, in particular, which have dampened FDI growth rates globally, including for Ireland, although Ireland is still performing well in the highly competitive FDI marketplace.
The table below details the number of new IDA jobs created by county for 2022.
|
County |
|
2022 |
|
Cavan |
Number of Client Companies |
9 |
|
Total Jobs |
795 |
|
|
New Jobs Created |
39 |
|
|
Additional Jobs Created |
18 |
|
|
Donegal |
Number of Client Companies |
21 |
|
Total Jobs |
3,696 |
|
|
New Jobs Created |
299 |
|
|
Additional Jobs Created |
25 |
|
|
Leitrim |
Number of Client Companies |
4 |
|
Total Jobs |
1,011 |
|
|
New Jobs Created |
196 |
|
|
Additional Jobs Created |
196 |
|
|
Monaghan |
Number of Client Companies |
8 |
|
Total Jobs |
428 |
|
|
New Jobs Created |
26 |
|
|
Additional Jobs Created |
-17 |
|
|
Sligo |
Number of Client Companies |
31 |
|
Total Jobs |
2,955 |
|
|
New Jobs Created |
335 |
|
|
Additional Jobs Created |
305 |
|
|
Dublin |
Number of Client Companies |
965 |
|
Total Jobs |
137,822 |
|
|
New Jobs Created |
17,207 |
|
|
Additional Jobs Created |
13,108 |
|
|
Kildare |
Number of Client Companies |
39 |
|
Total Jobs |
12,174 |
|
|
New Jobs Created |
2,528 |
|
|
Additional Jobs Created |
2,389 |
|
|
Louth |
Number of Client Companies |
36 |
|
Total Jobs |
4,485 |
|
|
New Jobs Created |
415 |
|
|
Additional Jobs Created |
-201 |
|
|
Meath |
Number of Client Companies |
18 |
|
Total Jobs |
2,449 |
|
|
New Jobs Created |
346 |
|
|
Additional Jobs Created |
321 |
|
|
Wicklow |
Number of Client Companies |
20 |
|
Total Jobs |
2,753 |
|
|
New Jobs Created |
114 |
|
|
Additional Jobs Created |
15 |
|
|
Clare |
Number of Client Companies |
70 |
|
Total Jobs |
6,643 |
|
|
New Jobs Created |
586 |
|
|
Additional Jobs Created |
-143 |
|
|
Limerick |
Number of Client Companies |
69 |
|
Total Jobs |
14,793 |
|
|
New Jobs Created |
1,125 |
|
|
Additional Jobs Created |
878 |
|
|
Tipperary |
Number of Client Companies |
15 |
|
Total Jobs |
4,568 |
|
|
New Jobs Created |
198 |
|
|
Additional Jobs Created |
160 |
|
|
Laois |
Number of Client Companies |
5 |
|
Total Jobs |
167 |
|
|
New Jobs Created |
14 |
|
|
Additional Jobs Created |
2 |
|
|
Longford |
Number of Client Companies |
7 |
|
Total Jobs |
1,620 |
|
|
New Jobs Created |
172 |
|
|
Additional Jobs Created |
170 |
|
|
Offaly |
Number of Client Companies |
11 |
|
Total Jobs |
1,377 |
|
|
New Jobs Created |
142 |
|
|
Additional Jobs Created |
137 |
|
|
Westmeath |
Number of Client Companies |
27 |
|
Total Jobs |
4,501 |
|
|
New Jobs Created |
466 |
|
|
Additional Jobs Created |
417 |
|
|
Carlow |
Number of Client Companies |
4 |
|
Total Jobs |
1,515 |
|
|
New Jobs Created |
50 |
|
|
Additional Jobs Created |
46 |
|
|
Kilkenny |
Number of Client Companies |
11 |
|
Total Jobs |
884 |
|
|
New Jobs Created |
72 |
|
|
Additional Jobs Created |
-31 |
|
|
Waterford |
Number of Client Companies |
46 |
|
Total Jobs |
9,461 |
|
|
New Jobs Created |
881 |
|
|
Additional Jobs Created |
503 |
|
|
Wexford |
Number of Client Companies |
25 |
|
Total Jobs |
3,660 |
|
|
New Jobs Created |
240 |
|
|
Additional Jobs Created |
-60 |
|
|
Cork |
Number of Client Companies |
212 |
|
Total Jobs |
50,208 |
|
|
New Jobs Created |
4,320 |
|
|
Additional Jobs Created |
3,550 |
|
|
Kerry |
Number of Client Companies |
17 |
|
Total Jobs |
2,020 |
|
|
New Jobs Created |
108 |
|
|
Additional Jobs Created |
84 |
|
|
Galway |
Number of Client Companies |
99 |
|
Total Jobs |
24,400 |
|
|
New Jobs Created |
2,077 |
|
|
Additional Jobs Created |
1,690 |
|
|
Mayo |
Number of Client Companies |
17 |
|
Total Jobs |
5,525 |
|
|
New Jobs Created |
344 |
|
|
Additional Jobs Created |
337 |
|
|
Roscommon |
Number of Client Companies |
10 |
|
Total Jobs |
1,565 |
|
|
|
New Jobs Created |
126 |
|
|
Additional Jobs Created |
120 |
