Written answers

Wednesday, 25 January 2006

Department of Enterprise, Trade and Employment

Industrial Development

8:00 pm

Photo of Arthur MorganArthur Morgan (Louth, Sinn Fein)
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Question 757: To ask the Minister for Enterprise, Trade and Employment the average cost per job of jobs created by the IDA in 2004 and 2005. [1776/06]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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IDA Ireland is the agency with statutory responsibility for the attraction of foreign direct investment, FDI, to Ireland and its regions. The cost per job sustained in IDA supported companies is calculated by taking into account all IDA Ireland expenditure to all firms in the period of calculation and is calculated using data collated for the Forfás annual employment survey. Only jobs created during, and sustained to the end of, each seven-year period are credited in the calculations. The cost per job for the seven-year period to the end of 2005 is not yet available.

The table below outlines the position for each of the seven-year periods indicated.

Cost Per Job Sustained
Constant 2004 Prices
1994/2000 1995/2001 1996/2002 1997/2003 1998/2004
â'¬ Euro
IDA Ireland 14,861 14,799 16,815 16,529 14,673
Source: Forfás Annual Employment Survey 2004.

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