IDA Ireland failing to live up to reputation for big job creation

IDA Ireland might have a reputation for making large-scale job announcements, but official figures show its track record over the past decade is decidedly mixed.

Figures for the IDA’s performance in the period 2002-2011 reveal a net loss of 8,100 jobs in IDA-supported firms around the country.

They also reveal that Dublin, Cork, and Galway are the only places to have gained any long-term benefit in terms of job creation from foreign direct investment in Ireland.