Voices
For the first time in many years, companies supported by Enterprise Ireland lost more jobs than they created in 2020. Beyond the pandemic effect, it is time for the state agency to reassess its priorities away from traditional food production and into riskier innovation areas – as well as the domestic economy.
Sometimes, you have to look past the headline numbers. While the state development agencies typically highlight the number of new jobs the companies they support create, it is actually this net job figure that really matters most. After all, it is easier to shed a job than to create one. It is also a much more accurate reflection of the performance of companies backed by the development agencies for the 12 months period. Last week, for example, the IDA said that the net jobs created at its client companies in 2020 was 8,944, down from 13,800 the year before –…
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