Number of people employed in client companies of Government agencies rises despite fall-off in multinational employment

  • 📰 IrishTimesBiz
  • ⏱ Reading Time:
  • 15 sec. here
  • 9 min. at publisher
  • 📊 Quality Score:
  • News: 33%
  • Publisher: 77%

Economy News

Employment,Client Companies,Government Agencies

Minister for Enterprise Simon Coveney says figures demonstrate strength of State’s economy despite serious challenges posed to international trade

The number of people employed in client companies of Government agencies rose to over 535,000 last year despite a slight fall-off in the number employed by foreign-owned multinationals. The latest Annual Employment Survey published by the Department of Public Enterprise indicated that jobs in client companies of Enterprise Ireland, the IDA and Údarás na Gaeltachta rose to their highest ever level of 535,604 in 2023.

The report indicated that employment in foreign direct investment (FDI) firms, however, decreased by 0.2 per cent since 2022, with 601 less total jobs. The fall-off in multinational employment in 2023 coincided with a significant weakening in global demand, which has dented Irish exports

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 6. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines