Clare Daly (Dublin North, United Left)
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88. To ask the Minister for Jobs, Enterprise and Innovation the jobs lost and created in IDA supported employment for each of the years 2008 to 2014. [1996/15]

Richard Bruton (Dublin North Central, Fine Gael)
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In the 7 year period from 2008 to 2014, the total numbers employed in IDA Ireland client companies rose by almost 15,000, from 159,556 in 2008 to 174,488 in 2014, the highest level in the history of IDA Ireland. Details of the number of jobs created and lost in each of those years is set out in the following tabular statement. This strong job-creation performance took place against a particularly challenging European economic environment and changing corporate taxation landscape. FDI is a key stimulator and driver of the Irish economy through its contribution to Exchequer finances. The high calibre jobs created in IDA Ireland client companies and the indirect employment spin offs they generate in the Irish economy are making a vital contribution to this Government’s ambition to have 100,000 people in work by 2016.

2014 marks the end of IDA Ireland’s 5-year strategy “Horizon 2020” and I am glad to be able to inform the Deputy that the Agency exceeded the jobs and investment targets it set itself under that strategy. The Agency is currently finalising its new strategy for the coming five years. I look forward in the next few weeks to launching the new strategy, detailing the goals and broad direction IDA Ireland will take to accomplish them over the next five years.

Table showing total number of jobs in IDA Ireland client companies together with the number of new Jobs created and lost in each year from 2008 to 2014.