Written answers
Thursday, 30 June 2005
Department of Enterprise, Trade and Employment
Job Creation
8:00 pm
Denis Naughten (Longford-Roscommon, Fine Gael)
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Question 362: To ask the Minister for Enterprise, Trade and Employment the average cost of creating an IDA and Enterprise Ireland-supported job, respectively; and if he will make a statement on the matter. [24094/05]
Micheál Martin (Cork South Central, Fianna Fail)
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The issue regarding the cost of creating IDA Ireland and Enterprise Ireland-supported jobs is a day-to-day matter for the agencies themselves and not one in which I am directly involved. Data indicating the average cost of creating IDA Ireland and Enterprise Ireland-supported jobs is compiled from an annual employment survey carried out by Forfás — see following table. The cost per job is calculated by taking into account all agency expenditure on all firms in the period of calculation. Enterprise Ireland reports that the average cost per job created and sustained over the seven-year period 1998 to 2004 was €7,956. Over the seven-year period 1998-2004, there have been 101,438 jobs created in Enterprise Ireland-supported companies. The sustainability of these jobs is reflected in the decreasing cost per job over the same period. IDA Ireland reports that the average cost per job created and sustained over the seven-year period 1998 to 2004 was €14,673. The employment survey tables show a trend towards a falling cost per job in firms supported by both agencies.
Cost per job sustained. | |||||
Period/year | 1994/2000 | 1995/2001 | 1996/2002 | 1997/2003 | 1998/2004 |
â'¬ Euro | |||||
IDA Ireland | 14,861 | 14,799 | 16,815 | 16,529 | 16,529 |
Source: Forfás annual employment survey 2004. |
Enterprise Ireland. | |||||
Period/year | 1994/2000 | 1995/ 01 | 1996/02 | 1997/03 | 1998/04 |
â'¬ Euro | |||||
Cost per job | 10,777 | 9,408 | 9,846 | 8,961 | 7,956 |
Source: Forfás annual employment survey 2004. |
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