Job creation grinds to a halt

IBEC, the country’s top employer body says the latest jobs figures from the Central Statistic Office shows job creation in the private sector grinding to a halt.

Just over 33,000 net new jobs were created in the year to 30 June 2002 the CSO’s Quarterly National Household Survey.

About 30,000 or 90% of these were in the public sector while the number of new jobs created in financial services, business and other services barely offset the 14,000 jobs lost in industry over the year.