19/12/2001
Job difficulties for the 'Celtic Tiger'
The Industrial Development Agency (IDA) in the Republic of Ireland has reported a net loss in jobs provided by foreign companies for the first time in 15 years.
Figures from the IDA showed that 13,000 jobs have been created during 2001 by IDA-supported enterprises, however in the same period about 17,000 had been lost.
A worldwide downturn in the hi-tech sector has been blamed for the reverse in numbers, which has worsened in the past month ever since IDA executives forecast that job gains would match those lost by the years end.
To make matters worse the agency said the overall jobs creation picture was unlikely to change by the end of the year. However it did report strong growth in the fields of healthcare, pharmaceuticals and financial and internationally-traded services. (MB)
Figures from the IDA showed that 13,000 jobs have been created during 2001 by IDA-supported enterprises, however in the same period about 17,000 had been lost.
A worldwide downturn in the hi-tech sector has been blamed for the reverse in numbers, which has worsened in the past month ever since IDA executives forecast that job gains would match those lost by the years end.
To make matters worse the agency said the overall jobs creation picture was unlikely to change by the end of the year. However it did report strong growth in the fields of healthcare, pharmaceuticals and financial and internationally-traded services. (MB)
Related Northern Ireland Business News Stories
Click here for the latest headlines.
10 July 2002
IDA Ireland annual report reveals 2001 to be 'a tough year'
In its latest annual report, the investment and development agency IDA Ireland has said that last year was one of the toughest because of the downturn in global economies. In its report, the agency reported a net job loss in companies it supported of 4,000 during 2001.
IDA Ireland annual report reveals 2001 to be 'a tough year'
In its latest annual report, the investment and development agency IDA Ireland has said that last year was one of the toughest because of the downturn in global economies. In its report, the agency reported a net job loss in companies it supported of 4,000 during 2001.
15 April 2013
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
NI Firms More Optimistic On Job Creation Over The Next Year
The Barclays Job Creation Survey 2013, which questioned over 700 UK businesses, has revealed that Northern Ireland business executives have a growing optimism around private sector job growth in 2013.
08 November 2001
Rodgers expresses concern at job losses in Lurgan
SDLP MLA for Upper Bann and Minister for Agriculture Brid Rodgers has expressed concern at the announcement of job losses at carpet tile manufacturers Interface Europe based in Lurgan.
Rodgers expresses concern at job losses in Lurgan
SDLP MLA for Upper Bann and Minister for Agriculture Brid Rodgers has expressed concern at the announcement of job losses at carpet tile manufacturers Interface Europe based in Lurgan.
14 September 2012
Large Scale Job Losses Is 'Major Blow'
Enterprise Minister Arlene Foster said today that the potential large-scale job losses announced by FG Wilson is a major blow to the Northern Ireland economy. The Minister said: "This is devastating news for the hundreds of families who will be affected, particularly when so many people are already struggling in this difficult economic climate.
Large Scale Job Losses Is 'Major Blow'
Enterprise Minister Arlene Foster said today that the potential large-scale job losses announced by FG Wilson is a major blow to the Northern Ireland economy. The Minister said: "This is devastating news for the hundreds of families who will be affected, particularly when so many people are already struggling in this difficult economic climate.
07 October 2011
Yeovil AgustaWestland Jobs To Go
News of major job losses in the aerospace industry has prompted an MP to slam plans to cut up to 375 jobs at not only AgustaWestland's Yeovil business, but also at other UK sites.
Yeovil AgustaWestland Jobs To Go
News of major job losses in the aerospace industry has prompted an MP to slam plans to cut up to 375 jobs at not only AgustaWestland's Yeovil business, but also at other UK sites.