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Enterprise Ireland created six net new jobs in 2011 – Tóibín

22 February, 2012


Responding to a question put by Sinn Féin TD Peadar Tóibín at today’s Jobs, Social Protection and Education committee meeting, Enterprise Ireland admitted that they only created six net new jobs in 2011.

The CEO of Enterprise Ireland stated that this was because of continuing high levels of job losses throughout the state.
Speaking after the Committee the Sinn Féin spokesperson for Jobs, Employment and Innovation Peadar Tóibín said:

“It is clear that the IDA and Enterprise Ireland have been set an impossible task in trying to create jobs against the backdrop of this government’s economic mismanagement. While both bodies are developing new jobs, the government policies are costing jobs hand over fist.

“In 2011 Enterprise Ireland created 9,076 jobs but in the same year 9,070 Enterprise Ireland jobs were also lost. Enterprise Ireland spent €12,254 on each new job that they created. This works out at €18.5 million for each net new job created by Enterprise Ireland. It is clear that despite all of the good work put in by Enterprise Ireland and the large investment last year, due to the government’s austerity policy this state is running to stand still on the jobs front.

“Since publishing the jobs strategy and claiming to create 100,000 net new jobs, the Taoiseach and government ministers avoided detailing any year on year target for employment.

“If the government is serious about tackling unemployment it must put job creation as the priority for all government departments. It must also put its money where its mouth is and not into the pockets of bankers, bondholders and property speculators.

“On the 31st of March there will be a clear decision to be made, to bury €3.1 billion into an Anglo promissory note or to build our national economy and create jobs.”

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