More jobs lost than created last year among IDA-supported firms
IDA Ireland, the state agency responsible for attracting foreign direct investment (FDI), reported the creation of 8,837 jobs in new and existing companies in 2008 but also revealed that 10,044 were lost.
The situation this year is worse again, with just 2,300 new jobs being created while around 6,000 have been lost. Both the agency and Enterprise Minister Mary Coughlan put a brave face on the figures, insisting the willingness of overseas companies to keep investing here was a good sign.
