Oireachtas Joint and Select Committees
Thursday, 3 December 2015
Public Accounts Committee
2014 Annual Report and Appropriation Accounts of the Comptroller and Auditor General
Vote 7 - Office of the Minister for Finance
Chapter 1 - Exchequer Financial Outturn for 2014
Chapter 2 - Government Debt
Chapter 3 - Cost of Bank Stabilisation Measures as at the end of 2014
Finance Accounts 2014
10:00 am
Mr. John McCarthy:
We know that total employment in IDA-supported firms is of the order of 150,000. A rough rule of thumb is that each job supports one further job through spillover effects, downstream effects and so forth. Total employment, direct and indirect, due to the multinationals is therefore probably about 300,000. Overall employment is just shy of 2 million so I think 15% would be a reasonable estimate.