Economy

Posts

upskilling

As more jobs become available, jobseekers look for upskilling, opportunities and varied experience

Upskilling, opportunities and varied experience are increasingly important to employees as the Irish jobs market improves. That may not sound like good news to many employers, but it is good news for the country. The jobs market has seen growth in both quarters of 2016. Foreign direct investment alone has created 9,100 jobs in the first […]

EU

Brexit: threats and opportunities for Ireland

The UK’s shock Brexit result has created economic and political turmoil in Britain, with ramifications around the world. As it became clear that a slim majority of the British electorate had chosen to leave the EU, the value of the pound plummeted. David Cameron stepped down, and it wasn’t long before the knives were out for […]

financial services

Dublin may gain London’s top financial services jobs

Financial services job in London may be under threat after Brexit. This loss may be Dublin’s gain.  That the view of senior UK policy-makers after last week’s shock Brexit result, including Mark Boleat, Head of Policy for the City of London Corporation. Boleat has said that Ireland is an “attractive” choice for financial institutions, many […]

worried anxious jobs

Irish students worried about their job prospects and futures

Despite positive signs in the Irish economy and jobs market, more than half of Irish second-level students are worried about their job prospects. In addition, Ireland’s young people are anxious about their financial futures and their ability to buy a home in Ireland. A new survey has revealed that 56 percent of second-level students in […]

Nearly 1,400 STEM jobs announced in April

There’s good news on the employment front as a total of 1,380 jobs in the STEM sector were announced in April. Ireland’s economy continues to grow, and is currently the most buoyant in the Eurozone, and unemployment rates are their lowest since November 2008. Although a significant number of the new jobs will be based […]

social welfare jobs queue

Ireland’s unemployment rate falls to 8.4%

Good news on the jobs front. New figures from the Central Statistics Office show that the number of people in unemployment has fallen. According to the CSO, the seasonally adjusted unemployment rate for April fell to 8.4%, down from 8.6% in March. This is significantly lower than the rate of 9.7% in April last year, and […]

Eurozone GDP predicted to slow, but Ireland’s economy is growing

The European Commission’s latest economic forecast has predicted that growth in the Eurozone will be slower than expected with subdued inflation, as well as external and internal risks this year. Gross domestic product of the economic bloc is expected to expand 1.6% this year, down from the 1.7% growth of 2015 and 0.1 percentage points […]

More than 400 Intel jobs in Ireland may be lost

Irish staff at Intel in Ireland are braced for bad news as reports suggest more than 400 jobs at the company’s Irish operations are under threat. The global giant employs 5,500 people in Ireland. The bulk of these are at Intel’s Leixlip plant in Co. Kildare , but the company also employs around 1,000 people […]

Kellton

Kellton Tech announces Drogheda EMEA headquarters

Kellton Tech has announced plans to establish EMEA headquarters in Drogheda. It is expected that the company will create around 100 jobs over five years. Kellton Tech is a global IT firm which provides business services with a focus on the “Internet of Things” as well as social, mobile, analytics, cloud and enterprise resource planning. […]

Cavan company Obelisk to create 200 jobs

Obelisk, the Cavan-based telecoms group is to create 200 new jobs. The news comes after the company raised €6 million in funding to support their expansion in the UK and South Africa. The news will see a significant increase in employees and revenue. Obelisk currently employs 250 engineers and generates annual revenues in excess of €20 million. […]

Waterford and Dublin to get 300 new jobs

Great employment news for Waterford and Dublin as 300 jobs are set to be created in the healthcare and digital marketing sectors. OPKO announce 200 jobs in Waterford OPKO, the healthcare company, announced plans to create 200 highly skilled jobs over the next five years with the expansion of its existing EirGen Pharma facilities in Waterford and […]

Goodbody Stockbrokers

Investment in Ireland shows record increase: Goodbody Stockbrokers

Goodbody Stockbrokers says that its optimistic predictions for economic growth in Ireland are based on the soaring levels of investment here. The firm has upgraded its domestic demand figures to 2.5 per cent in 2014 and 2.7 per cent in 2015 (up from previous forecasts of 1.5pc and 2.2pc, respectively). This is largely due to […]

IBEC report

IBEC report – Ireland’s economic growth exceeds expectations

A new IBEC report has painted the Irish economic recovery in an extremely positive light, with projections for sustained growth in employment, consumer spending and GDP for the remainder of 2014. The report revised its GDP projections based on an above-expected investment in the economy of 21.5 per cent (IBEC’s earlier prediction was 15.5 per […]

tech market

Dublin to overtake London as Europe’s IT capital? Maybe…

Dublin is a small town compared to the vast metropolis of London. But when it comes to IT real estate, things are considerably closer than you might expect. The Irish Independent cites a Colliers International report which claims that the tech market in Dublin has been so successful in securing corporate property deals that it’s […]

Forget the weather; the future’s looking bright for 2014

The recent spate of ill-weather may be a real dampener on Irish spirits, but it seems that the Irish economy’s prospects are somewhat brighter. According to a survey by Deloitte, 96 per cent of Ireland’s chief financial officers believe that the Irish economy has either returned to growth or will do so later in 2014. […]

Central Bank bulletin

Irish economy to grow by 2.1% in 2014: Central Bank bulletin

The Irish economy is predicted to grow at a slightly higher rate than previously expected, according to the first quarterly Central Bank bulletin of the year. The forecast of 2.1 per cent growth in gross domestic product (GDP) is a revision on the 2 per cent growth anticipated by the bank’s last bulletin. An increase […]

job outlook

Ireland set to become third-fastest growing economy in Europe in 2014

Goodbody Stockbrokers has predicted that Ireland will be the third-fastest growing economy in Europe for 2014. The stockbroking firm estimates that gross domestic produce will increase by 2.6 per cent. The firm’s optimistic forecast is based on emerging trends in 2013. ‘The phrase “the devil is in the detail” is particularly apt when looking at […]

job creation

Enterprise Ireland report: job creation figures at a ten-year high

Ireland enjoyed a net growth of over 5,000 jobs in 2013, an Enterprise Ireland report has announced. The government job creation agency’s end-of-year report recorded over 18,000 new jobs. However, taking the number of job losses (12,591) into consideration, the jobs surplus was 5,442. Drop in unemployment The announcement follows on from the Central Statistics […]

Christmas parties suggest that things are looking up for Irish SMEs

According to the latest Close Brothers Business Barometer survey, almost half of all Irish small and medium enterprise (SME) owners will hold  staff Christmas parties this year, thereby marking an increase of around 10 per cent compared with last year’s Christmas period. ‘Christmas parties have fallen victim to the recession over the last few years […]

Jobs Expo 2013 – What we learned…

So now that our Jobs Expo events in Dublin and Cork have already taken place, what have we learned? For one thing, we learned that the demand for jobs is as great as ever: 13,000 of you turned up to speak to employers, examine opportunities and avail all the services we had that could to […]