I am informed by IDA Ireland that in the 4 year period 2011 to 2014 inclusive, there were a total of 298 investment announcements with the potential to create in excess of 40,000 jobs. Similarly, in the case of Enterprise Ireland there were 58 investment announcements in the same 4 year period with the potential to create almost 14,000 jobs. In the same four year period there were 59,763 jobs (both full and part time) created in IDA Ireland client companies and 56,865 jobs (both full and part time) created in Enterprise Ireland client companies.
It is important to note that in any given year the numbers of jobs created always exceed the number of jobs announced.
In a great many cases a new investment project progresses without any public announcement. It is a matter for the individual company whether or not to announce an investment project publicly. While some jobs come on stream immediately following an announcement it can take up to 3 to 5 years for jobs to come on stream in other cases. This time lag is necessary to enable premises to be acquired or constructed and for staff to be recruited.
The following tabular statement sets out the number of IDA Ireland and Enterprise Ireland jobs announcements, potential job creation figures and actual job creation figures for each of the years 2011 to 2014, inclusive.
Table showing the number of IDA Ireland announcements in each of the years 2011 to 2014, inclusive, together with figures for potential job creation along with actual job creation figures
Year
|
Number of Investment announcements
|
Number of potential jobs associated with those announcements
|
Actual number of jobs created
(both full time and other)
|
2011
|
79
|
5,875
|
14,432
|
2012
|
84
|
8,287
|
15,215
|
2013
|
69
|
5,408
|
15,104
|
2014
|
66
|
6,508
|
15,012
|
Table showing the number of Enterprise Ireland announcements in each of the years 2011 to 2014, inclusive, together with figures for potential job creation along with actual job creation figures.
Year
|
Number of
Investment announcements
|
Number of potential jobs associated with those announcements
|
Actual number of jobs created
(both full time and other)
|
2011
|
10
|
2,638
|
13,191
|
2012
|
14
|
3,891
|
12,224
|
2013
|
19
|
4,103
|
15,315
|
2014
|
15
|
3,364
|
16,135
|