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IRELAND CAN HAVE full employment by the end of 2018, Jobs Minister Richard Bruton has said.
The government minister made the claim as Enterprise Ireland announced its best year for job creation since the agency was formed in 1998.
Some 19,705 new jobs were created in Enterprise Ireland-backed companies in 2014, while 11,229 were lost – a net gain of 8,476.
Bruton today said it was now a “realistic” ambition that the country would be in full employment by 2018 based on the growth in both domestic firms and multinational investment.
“I think on the back of this performance, and the performance of the IDA, we can look confidently forward that we have the capacity now in Ireland to create full employment by the end of 2018,” he said.
Full employment is the the largest number of jobs an economy can support including workers who are between roles but still actively looking for work.
Enterprise Ireland, which works with domestic exporters, said in its end-of-year statement that over 180,000 people were now employed in companies it supported.
IT software and services was the industry which gained the most jobs in 2014 for the second year running, while the food sector added the highest number of positions on record.
Other highlights from the statement include:
102 “high potential startups” got investment last year
Another 81 startups won early-stage backing through competitive start funds
Female entrepreneurs led 43 of the 183 funded startups
69% of full-time positions in client companies were outside Dublin
Job losses in client companies last year were the lowest since 2000
The IDA, the semi-state agency charged with attracting multinationals to Ireland, last week reported a bumper year for job creation, although it admitted it was falling well short of its regional-development targets.
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Do ya think the government might do a deal with a major airline for Irish Citizens and one way tickets –
The savings from the social welfare would easily pay for the ticket …like the Landlords did years ago with the coffin ships !
History repeating itself perhaps, but coffin ship emigrants were just a drop in the ocean compared to the clearing of workhouses to find workers for British cotton mills and railway construction during the nineteenth century, with some of my own ancestors amongst them. I think that the Catholic church had a role here through their connections in England and Scotland.
They get a bit positive news, good to hear, Kenny and his secretaries ratchet it up, Bruton is given orders to release a press statement !, they won’t sit with Vincent Browne to relay all there good news to the constituencies they represent, paper doesn’t refuse ink, we’ll leave it there so……
Crazy talk, we never had full employment even in the Celtic Tiger days. I wonder does he mean he will withdraw welfare payments to the thousands that haven’t worked in the past 20 years ?
@ Jason, we didn’t have it even at the height of the boom, There were at least 100,000 on the dole here, and we choose not to sort out that problem when we were awash with cash.
BTW Stephanie s goal was far superior to either of the other!
Bill most of that 100, 000 never worked and never had any intention of working.
Full employment is 95% of the workforce. We are currently 5% shy of that figure.
So you’re saying that whichever goverment replaces this one after the election, will fail to provide full employment? Please tell us who you expect that to be, so we can change our minds in advance and not vote for them. Like they do in “Back to the Future.”
Neal ..I’m not claiming any of them can or can’t. I am saying that if Richard Bruton is saying they are assuming they are going to be in office then…which I doubt.
Paul
As a Sinn Fein activist would it not be better to dissect the argument put forward by a hugely successful Minister for employment rather than using the usual one line or one word vulgarisms.
Bruton has projected a scenario of full employment based on the actual achievements of the past three years and factually he is correct should such a trajectory continue.
It seems to me that Sinn Fein are very worried about the continuous positive reports on our economic recovery while similar data from Northern Ireland where your lot are in charge indicates an immaturity and lack of experience in political management .
In fact West Belfast is one of the most economically backward areas or constituencies in the entirety of Wales Scotland and England yet Gerry your President for life has represented the area for all of his political career.
I would ask you again to tell us why Mr Bruton is inaccurate in his assessment of our recovery and would urge you to start using rational argument rather that personal nastiness which seems to be a stock in trade of your Party members.
Where I live there is a move to try and get the diaspora to return home and set up business. I don’t see any of my family wanting to up sticks from the comfortable lifestyles they have created for themselves abroad……can you!!
@Thomas who is a Sinn Fein activist?
It’s pretty obvious to the man or woman on the street who Mr Bruton represents and it is The common people.
Bis business and the Fine cronies is what he stands for
So 2014 was a great yr for jobs, we had a net gain of 8000 jobs. So if we continue to have ‘great’ years for the next 3 years we will add 24000 give or take a few. Will that constitute full employment? Or are the next 3 years going to be even better than great? Its a promise based on numbers that cant fulfill said promise.
We can create full employment the minister said by 2018 as he felt the Job Bridge slavery scheme could be extended to staff all multinationals and government facilities. FG bringing corruption and cronyism to a whole new level.
The article actually explains the definition of full employment:
“Full employment is the the largest number of jobs an economy can support including workers who are between roles but still actively looking for work. That would mean a jobless rate of about 5%, which compares to the current unemployment level of 10.6%.”
There are always people between jobs or changing jobs or doing training courses before starting a new job.
Are they real jobs or part-time/zero hour contract jobs?. Tell me what happens when Irish people come home from abroad to take advantage of the improved economic conditions? or the inevitable influx of people from other countries. Do the figures take immigration into account?
We had full employment with the influx of the accession countries in 2004. We needed them as Irish people wouldn’t work in hotels or restaurants or do menial work. Why can’t it happen again?
That’s true to an extent but how many waves of immigration can we take?. The influx from 2004 never went home when the work dried up, so we have those people and a possible influx of Irish coming home and another influx of immigrants on top of this. I don’t think we have the infrastructure to handle it. I don’t think the Irish want another mass wave of immigration either way.
Has the overall amount of immigrants dropped?. If we go back to boom time that number will explode, i think the government said only a few ten thousand would show up when we opened our borders and look how that worked out.
“Some 19,705 new jobs were created in Enterprise Ireland-backed companies in 2014, while 11,229 were lost – a net gain of 8,476.”
How many of these jobs were outsourced from one call center to another with a net loss of income for the worker?
They are pressing down wages and cooking the books again. Has anybody really felt the “recovery” these parasites keep talking about? Housing crises, health care crises, emmigration and corruption.
The momentum projects of “work practice” where you get the long term unemployed to work 37.5 hours a week for 12 weeks just working in order to get their dole of 100 to 188 euros a week or refuse and get thrown of the dole for 9 weeks and then have to apply again to get on the dole and after the 12 weeks your no longer long term unemployed but short term unemployed. You get no job out of it, no pay or anything extra as everything comes out of the dole payment you get as in travel etc and nothing from the business you end up working for.
That was in full force last year by the Department of Social Protection done by a company working for the DSP…
We need to be creating a surplus of 40,000 jobs a year for this to be remotely possible.. This is just the usual b*llocks we’ve come to expect from this government.
Adolf Hitler and Bertie Ahern are the only two European leaders of the last century that I can think of !
It seems that Mr. Bruton wishes to join very esteemed company indeed !- Both men led their countries for years …just looking at it completely politicially and leaving all morals aside !
19,705 new jobs …?? – Yeah, – I know a few people who got those jobs, 20h./wk. staring at a wall, – nothing to do, – a cynical exercise at massaging the unemployment figures.
Now tell us why we should believe you, sorry but i wont be voting for and of the big parties, and NOTHING you or your fellow liars can say will convince me otherwise.
“Enterprise Ireland, which works with domestic exporters, said in its end-of-year statement that over 180,000 people were now employed in companies IT SUPPORTED.”
So this does sound like internships, jobbridge and momentum projects where people fill up work spaces just to to be working for the dole if not a 50 euro extra on top to take up places that would be used by employees that employers instead of the tax payer would pay for?
How does “Article 5 – Prohibition of slavery and forced labour” apply to internships, jobbridge and momentum projects that the Department of Social Protection forces the unemployed on by using a third party company in order to play the CSO figures by threatening the unemployed with throwing them off the dole as they did in 2013 and in 2014 as they did.
Yes Richard or course you can…. We believe every word out of your mouth… Like all in Fine Gail and Labour right? Oh no… I forgot… We aren’t falling for your lies any more.
I don’t see Gerrry Adams getting involved in IDA trade missions to drum up new business for the country. I suspect that they wouldn’t lift a finger to help this countries recovery.
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