IDA: 450 new jobs for Munster

THE IDA is predicting the announcement of at least 450 new jobs within the next few weeks in Cork and Limerick.

The development agency also described 1,000 job cuts in the last week as part of the usual churn of losses and gains and insisted that even in Munster, which suffered most of the cuts, the economic future is still bright.

IDA spokesman George Bennett said it was in discussions with two companies in Cork and two in Limerick which are close to pledging to major facilities.