Budget 2017: 40,000 new jobs planned for 2016

The Department of Jobs, Enterprise and Innovation now has a budget of €858m, some of which will be used to create more than 40,000 jobs in 2017.

This represents an increase of 10% in capital allocation — the largest rise for the department in more than a decade.

As a result of yesterday’s Budget, the department now has a current allocation of €303m and a capital allocation of €555m — which will be used for such things as job creation and investment in innovative technologies.