IDA sets target of 12,500 new jobs in 2012

EMPLOYMENT prospects among multinationals in Ireland for 2012 are “encouraging”, the Industrial Development Authority said after reporting its best year for job creation in a decade.

Foreign companies assisted by the IDA created over 13,000 jobs here in 2011 and, even though they lost almost 7,000 in the same period, that still left 6,114 extra people in work.

The comparative figure for 2010 was just 1,400 extra jobs, while in the first of the downturn years of 2008 and 2009 there were net losses of 1,200 and 13,400 jobs respectively.