Tuesday 24 April 2018

Enterprise Ireland accused of 'spinning' employment figures

THE government agency for supporting new businesses has been accused of "spin" after changing the way it measures job creation potential.

The Irish Independent has learned of a number of changes in the criteria used by Enterprise Ireland when it estimates how many jobs will be created at start-up firms:

•A longer timeframe is being used for estimating future job creation and the information released to the public now covers three years, rather than the previous period of two, which means predictions are likely to be a lot higher.

•Job forecasts are also being released four times a year rather than the previous practice of just once a year, in an apparent bid for publicity.

•And despite the fact that hundreds of jobs are being announced more regularly, figures on whether they are being achieved are not made public. It is unclear whether targets are being met.

Enterprise Ireland said it wanted to make its forecasts more accurate by changing the timeframe and denied it was a ploy to maximise publicity for job creation schemes.

But Fianna Fail's jobs spokesman Willie O'Dea accused the Department Enterprise of spin.

Irish Independent

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