Multinationals confident of more jobs

Multinational companies operating in Ireland are confident that they will increase their turnover and employment levels here despite a growing skills shortage.

The Irish Management Institute (IMI)/ Danske Bank Survey of Multinational Corporations in Ireland found that 35% of firms expect employment numbers to increase and 43% expect turnover to increase.

The percentage of firms expecting employment to increase has declined compared to 2011 when 48% of firms had expected employment to increase, but there is still a marked improvement on 2010 and 2009 when only 11% of firms were expecting their workforce to grow.