Thursday 23 November 2017

Number of new jobs declined 42pc last year, report shows

Louisa Fahy

The number of new jobs created in Ireland declined 42pc to 7,500 last year, compared with a global fall of 25pc, according to National Irish Bank, a unit of Danske Bank A/S.

“The particularly sharp fall in investment in Ireland is largely due to the negative perceptions Ireland has suffered following the rapid increase in unemployment and the sharp deterioration in the government’s finances,” National Irish Bank Chief Economist Ronnie O’Toole said in a report today.

Bloomberg

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