'Encouragingslowdown' in Gaeltacht job losses
Published 23/01/2012 | 05:00
COMPANIES operating in Gaeltacht areas suffered a net loss of more than 100 jobs last year.
Udaras na Gaeltachta -- the regional authority responsible for the economic and social development of the Gaeltacht -- said that despite this, there was an "encouraging slowdown" in the rate of job losses.
A total of 734 jobs were created in its client companies in 2011, offset by 838 job losses, amounting to a net loss of 104 positions overall.
Both the job gains and losses included manufacturing, agriculture, tourism, audio-visual and digital media, right down to small family-run businesses.
"A most encouraging trend is the slowdown in job losses," Udaras na Gaeltachta said.
It claimed that a strategy of supporting businesses already in existence was at the root of this development.
"The job reductions occurred mostly due to companies shedding a small number of staff in order to rationalise and reduce costs," the regional authority said.
A total investment of €21m into Gaeltacht companies last year is expected to lead to the creation of some 400 new positions when fully established.
Next year, some 700 new positions are anticipated as a result of further investment.
According to research carried out by Forfas last year, total sales in Udaras client companies for 2010 was in the region of €750m.