Today, Kehlan Kirwan looks back on a good week for Ireland, with a number of job announcements and positive growth figures suggesting the economy is powering up. Kehlan argues, however, that all is not what it seems.

A US generic drugs manufacturer is to create up to 300 jobs on the site of the former Johnson & Johnson site in Cashel, Co Tipperary, capping what has been a good month for regional jobs announcements.