Jobs surge as economy gets back on track

THE economy is back on a buoyant track with 1,000 jobs being created a week and up to 28 major IDA job investments expected later this year.

Signs that the economy is staging a strong recovery were confirmed with news that employment grew by almost 3% over the past year, while the annual number of jobless fell for the first time since mid-2001.

IDA chief executive Sean Dorgan said things are going to get much better. Yesterday, he revealed that just 14 of 42 significant job creation investments approved by the IDA this year have been announced.