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News : Irish Economy Last Updated: Jul 29, 2014 - 6:46 AM


Irish Economy: Bruton's claim of 70,000 jobs added in past 18 months is not correct
By Michael Hennigan, Finfacts founder and editor
Jul 24, 2014 - 4:47 PM

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Richard Bruton, jobs minister, Enda Kenny, taoiseach, Joan Burton, tánaiste, and Ged Nash, minister of state, Government Buildings, Dublin, July 24, 2014.

Irish Economy: Today the Government gave itself an 85% mark on its quarterly jobs 'to do' list, which is down from mid-90s levels in the past that made it look like the result of a North Korean election. The morsel for the headlines today was the announcement of a National Health Innovation Hub which "will be a win-win for businesses." Meanwhile the statement by Richard Bruton, jobs minister, that “70,000 jobs have been added across the economy in the past 18 months," is not correct.

Irish Economy: Bruton and politics of jobs numbers; CSO says 47,000 jobs added in 18 month; Dept of Enterprise & Jobs claims 70,000????

Reform of legal services, which was part of the international bailout agreement in 2010 with a deadline of 12 months, remains pending as the lawyers in the two governing parties have yet to cobble together an agreement.

  • "Innovative Irish healthcare companies will for the first time be able to easily gain access to the health system to test their products and services, increasing the chances of developing commercial ideas and creating jobs;
  • The health system will be able to gain easy access to innovative companies who can provide solutions to the problems that it faces, making it cheaper and easier to deliver better health-care to more patients."

Official employment data from the CSO are only available to March 2014 when the total employed was 1.888m compared with 1.846m in March 2013, 1.849m in December 2012 and 1,841 in Q3 2012.

So the latest data for 18 months is a total of 47,000 jobs (including self employed, jobs schemes).

“70,000 jobs have been added across the economy in the past 18 months," is an incorrect statement unless the minister was guessing in respect of Q2 2014.

Statement on jobs

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