Record employment levels in companies supported by EI, IDA and Údarás na Gaeltachta
From Department of Enterprise, Trade and Employment
Published on
Last updated on
From Department of Enterprise, Trade and Employment
Published on
Last updated on
The Minister for Enterprise, Trade and Employment, Simon Coveney, today published two surveys on the Irish economy, which demonstrate the strength of Ireland’s economy despite the challenges posed by the pandemic and Brexit.
The Annual Employment Survey 2022 finds that jobs in client companies of government agencies, Enterprise Ireland, the IDA and Údarás na Gaeltachta, are now at their highest ever level, at over 529,144 jobs, which is a 7.3% increase on 2021 figures.
The Annual Business Survey of Economic Impact 2021 shows strong growth in sales, exports, value added and direct expenditures in the Irish economy for both Irish and foreign-owned companies in 2021.
The Minister said:
"These results show the resilience of industry in Ireland. In spite of the challenges posed by the pandemic, inflation and the war in Ukraine, employment in companies supported by the government is at a new record high. Sales and exports continue to grow strongly, and these companies purchase goods and services in the local economy. Government enterprise policy is working and my department will continue to support Irish business, while also investing in bringing new jobs to Ireland through our agencies."
The Department of Enterprise, Trade and Employment co-ordinates these surveys of the client companies of the enterprise development agencies (Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta). The results are presented by company ownership in terms of Irish and foreign-owned firms.
The indicators collected include annual sales and exports and payroll, materials and services costs. Data collected in 2021 and 2022 is merged with results of previous surveys to provide trend data and indicators are available by ownership and sector and are used by the agencies in their annual reports and end-of-year statements.
Agencies have commenced surveys of client companies for the 2022 Annual Business Survey of Economic Impact with all results expected early 2024.