Employers’ confidence in the Irish economy continues to improve

Fine Gael TD for Dublin Fingal, Alan Farrell has said that the results of a survey of 2,500 companies, carried out by Hays Ireland, shows that confidence in the Irish economy is growing with many employers preparing to create new jobs.


“This survey found that 76% of companies surveyed plan to increase the numbers within their workforce next year and this is encouraging news as it shows that confidence in our domestic economy is growing. It is clear from this that the Government’s economic plan is working and this will be welcome news for many people throughout Dublin Fingal who are trying to get back to work.


“71% of the 2,500 companies surveyed stated that they had also increased the size of the workforce last year. While much progress has been made in terms of getting people back to work, a great deal of work remains to be done. The companies surveyed employ people with a range of skill levels ranging from those with low-skill levels to those with specialist qualifications. This signifies that the jobs being created will correlate with the skill-set of a large amount of unemployed people. The fact that over three-quarters of these businesses plan to hire again next year shows that we are on track to achieve the Government’s job creation target for its term in office.


“The construction sector was undoubtedly one of the hardest hit by the economic recession and this survey has found that 81% of companies in this sector plan to create new jobs in the upcoming year. I hope that this news will be a boost to the numerous people in the North County who worked in construction sector and have been struggling to find work.


“I am glad that such a high percentage of businesses intend to expand their workforce as it signifies a vote of confidence in the economy’s future. I understand that, while the economic recovery is on-going, many people in the Dublin Fingal have yet to feel the impact of our improving economy in their own homes. I will continue to push for supports to get more people back to work.”