Brexit set to hinder growth in jobs

IDA Ireland has said Brexit will affect job levels at client companies this year, despite early signs suggesting a promising start to 2017 on the investment front.

The IDA yesterday — as part of its 2016 annual results — announced that aggregate employment at client firms reached 200,000 last year, a record level, with Jobs Minister Mary Mitchell-O’Connor, adding that foreign direct investment (FDI) levels have never been better.

Yesterday’s results showed that 11,842 net new IDA-affiliated jobs were created last year, marginally up on 2015.