Friday 19 January 2018

More construction jobs are vital if we're to build on recovery

The planned tower will be the tallest apartment block in Europe if it goes ahead
The planned tower will be the tallest apartment block in Europe if it goes ahead

John McCartney

In its latest economic forecast, the European Commission singled out Ireland's 'robust' labour market performance as evidence that the economy is bouncing back. Indeed, when viewed in a European context, the turnaround in the jobs market has been nothing short of remarkable.

 Last year, 61,000 jobs were created, resulting in a net employment gain of 3.3pc. Across Europe, only Iceland and the former Yugoslav republic of Macedonia experienced stronger jobs growth, while employment actually contracted in the eurozone as a whole.

This resurgence has been led by agriculture, where employment is up almost 30pc in the past 12 months. In part, this reflects a ramping-up of activity before the lifting of milk quotas next year. The other star has been the hospitality sector, with over 17,000 jobs created in 2013.

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