Jobs in Government agency-backed companies reach record levels

The ICT services sector grew employment levels by 9.6pc since 2020, while the energy sector’s employment increased by 33pc in the same period.

Employment in companies supported by the Irish Government’s agencies Enterprise Ireland, IDA Ireland and Údarás na Gaeltachta is at record levels.

According to the latest employment survey report from 2021, regional jobs growth has been particularly strong. More than 55pc of full-time employment in both Irish-owned and FDI companies has come from outside of Dublin.

The number of jobs at the client companies of the Government’s agencies has increased 6.3pc since the previous year, now standing at 491,638. The figure represents its highest ever level.

In 2021, employment increased by 28,909 jobs or 6.8pc for all sectors. The manufacturing sector accounted for more than a third of this increase, having created 9,652 new jobs.

The energy sector recorded a 33pc employment increase since 2020, while the ICT services sector grew its employment by a modest 9.6pc, creating 11,201 new roles.

Within the ICT services sector, the other IT and computer services activities sub sector grew by 19.1pc (4,147 jobs) and the computer programming sub sector grew by 7.5pc, creating 2,786 jobs.

As a whole, the sector increased its share in the total agency-assisted company employment figures from 23.9pc in 2012 to 28.4pc in 2021.

Irish-owned, Government assisted companies operating in the ICT sector increased their employment figures from 15,143 in 2012 to 26,946 in 2021.

For foreign-owned Government assisted companies in the sector, there was a fourfold increase in the other ICT services sector from 5,463 jobs in 2012 to 21,758 in 2021. Jobs in foreign-owned companies in computer programming rose from 21,960 in 2012 to 37,752 in 2021 , an increase of 71.9pc.

Tánaiste Leo Varadkar said that the overall positive trend in the employment figures was in spite of “the immense challenges faced by businesses over the past couple of years.”

“That’s remarkable. It’s a testament to the fortitude of the businesses in question and the dedication and flexibility of the staff in Enterprise Ireland, the IDA and Údarás na Gaeltachta,” he added.

He also said, however, that the positive results did not “capture the full story” adding that he encouraged any employers who needed help to reach out to the Government agencies for assistance.

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