30 Nov 2021

Employment in IDA Ireland client companies in South East up 7% to 15,580 employees

Brilliant news!

IDA chief visits Laois and promises to do more to bring jobs to the county

IDA boss Martin Shanahan

Total employment in IDA Ireland client companies in the South East is up 7% to 15,580 employees in 2018.

That's according to new figures from the IDA - the Government's agency responsible for attracting foreign direct investment (FDI) to Ireland - that were published this week. 

Employment in businesses that it supported reached a record 230,000 nationwide last year, the IDA revealed. 

Meanwhile, Brexit has prompted 55 companies with the potential to create up to 4,500 jobs to invest in the Republic, according to the State agency. 

Martin Shanahan, CEO of IDA Ireland, said: "While today’s figures are showing strong gains, there are many significant risks facing us in the future."

He warned that potential threats were growing, including a slowdown in the United States, the biggest source of multinational investment, increased nationalism and protectionism and the possibility of trade wars.

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