Employment growth increases 5% in Mid-West for companies supported by Enterprise Ireland – O’Donnell

Press Release
Kieran O’Donnell TD
Limerick City Constituency

11th January 2022

Employment growth increases 5% in Mid-West for companies supported by Enterprise Ireland – O’Donnell

 

Employment growth increased 5% in the Mid-West in 2021 for companies supported by Enterprise Ireland, Limerick City Fine Gael TD Kieran O’Donnell has said.

Deputy O’Donnell said: “Employment growth in Enterprise Ireland (EI) companies increased by 5% in Mid-West Region in 2021, a year of record jobs growth for EI companies who are connected to markets all over the world. The total jobs in these EI Companies in the Mid-West is now 24,312.

“My colleague Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, TD has confirmed that nationally, net jobs created in companies supported by Enterprise Ireland increased by 11,911 in 2021, the highest jobs gain in a single year.

“Last year €61.6m in funding was approved nationally for 341 Covid-19 impacted companies in 2021. Employment increased across all economic sectors, with particularly strong jobs growth reported in Life Sciences (14%), Business Services (12%) and Digital Technology (10%).

“Employment growth under Fine Gael in government has consistently prioritised regional success, and these figures today show that 68% of new jobs were created outside of Dublin.

“I want to see Limerick and the Mid-West continue to benefit from employment growth and a new Enterprise Ireland plan will be key to that. The new three-year strategy for Irish business has an ambition to create 45,000 new jobs by 2024 and increase exports to €30bn.   

“Enterprise Ireland are very clear that the new strategy will support the Government’s National Economic Plan which has a strong focus on creating more and better jobs, and in ensuring that job creation occurs throughout the country.

“They will work closely with our Local Enterprise Offices, ensuring a flexible service to help companies recover from the effects of the pandemic.

“The focus now is on restoring the jobs lost in the pandemic and then grow employment beyond pre-pandemic levels. The Tánaiste has confirmed that as part of the Government’s ambitious vision for the future of our economy, there is a plan to bring job opportunities and growth to all parts of Ireland increasing total employment to a record high of 2.5 million by 2024”, Deputy O’Donnell concluded.

Speaking at the launch today, Tánaiste and Minister for Enterprise, Trade and Employment, Leo Varadkar, TD, said:

“Over 200,000 people now work in Enterprise Ireland client companies. That’s almost as many people working for multi-nationals. It’s great to see Irish exporting companies performing so strongly last year notwithstanding the disruption to trade caused by Brexit and the pandemic. There was a net increase in employment of almost 12,000.

“I am particularly pleased that jobs growth occurred in all regions with almost 70% of new jobs growth occurring outside of Dublin and particularly strong growth in the north-west and south-east. This is an extra-ordinary performance and I want to thank the Enterprise Ireland team for their phenomenal work in the year gone by. We are well on our way to meeting our target of having 2.5m people at work in Ireland by 2024.”

 

For more, visit www.strategy2022.enterprise-ireland.com

 

Regional breakdown of employment growth 2021:

Region Employment Increase
Dublin 66,704 7%
Mid East 20,426 4%
Midlands 11,416 4%
Mid West 24,312 5%
North East 18,606 5%
North West 6,797 9%
South 24,962 6%
South East 20,003 7%
West 14,668 9%

 

Sector analysis of employment growth 2021:

Sector Employment Increase
Food 56,589 2%
ICT & IS 55,777 9%
Industrial, Life Sciences and Consumer 95,528 7%

 

 

2022-02-23T16:01:05+00:00 January 11th, 2022|Categories: News|