CBD

Ireland’s Action Plan for Jobs
Brings Results

Ciaran Murray Announces New ICON Innovation Hub earlier this year. (Picture by Shane O'Neill / Copyright Fennell Photography 2015.)

By Julia Brodsky, Editorial Assistant
June / July 2015

In his April 28th Spring Economic Statement speech, Finance Minister Michael Noonan T.D. announced that Ireland currently has the fastest growing economy in Europe. He said that 95,000 new jobs have been created since 2012, with a record 20,000 being created last year.

The jobs are being created across a number of sectors including medical research.

Ciaran Murray, CEO of ICON (pictured above), announced plans at the end of January to create 200 jobs in a new Global Innovation.

Richard Bruton, Minister for Jobs, Enterprise and Innovation, said ICON, the Dublin-based global provider of outsourced development services to the pharmaceutical, biotechnology industries, was “a great example” of what the Action Plan for Jobs is working to achieve.

Minister Noonan estimated that by 2017, outward migration will switch to inward migration and that 200,000 new jobs will be created by 2018 over and above the jobs replacing those lost during the downturn. Noonan continued, “There will be more people working in Ireland by 2020 than ever before.”

Despite these sanguine pronouncements, Noonan urged caution, reminding Ireland not to remake the mistakes that left her “on the verge of bankruptcy” five years ago. ♦

 

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