Shannon area net job losses in last year

MORE jobs were lost than created in the Shannon region last year, according to figures released by Shannon Development.

In the Shannon Free Zone, 1,393 jobs were created. However, job losses amounted to 2,127, compared to losses of 2,508 in 2001.

Kevin Thompstone, chief executive of Shannon Development Company, the State agency responsible for industrial and tourism promotion in the Shannon Region, said it was vital that we continue to invest in infrastructure despite the downturn in the economy.