Jobs Bulletin 30 May (#allaboutjobs)

This Bulletin is part of the Government’s Year for Jobs Campaign, aimed at increasing awareness of what is being done in Ireland to create jobs & tackle unemployment. On Twitter, follow @yearforjobs or hashtag any of your announcements with #allaboutjobs

  • 1.9million People now in work, an increase of 42,700 (2.3 %) in the year to Q1 2014 compared to Q1 2013
  • 2.3% Increase in employment rate in the last year
  • 11.7% Current unemployment rate (Apr 2014) down from 15.1% (Feb 2012); has dropped 22 months in row
  • 7.3% Long term unemployment rate (Q1 2014), down from 8.4% last year
  • 258,100 People unemployed (Q1 2014), from the CSO’s Quarterly National Household Survey
  • Over 500 jobs saved as investors get go ahead to purchase a 50% stake in Dublin department store Arnotts
  • 80 jobs saved as Kilkenny River Court Hotel acquired by Wexford based Neville Group for €9 million
  • 42 defence force posts for cadets receive 1,800 candidacy applications
  • 14,000 jobs boost in tourism sector as CSO figures show 7.5% jump in overseas visitors to Ireland
  • National Council for Special Education has announced an increase of 617 resource teaching posts this September , bringing the total to 5,900.
CSO: figures show employment grew by 2.3% or 42,700 in the year to Q1 2014
  • Number of unemployed decreased by 33,900 or 11.6% in the year to Q1 2014; total unemployed 258,100
  • Long-term unemployment rate decreased from 8.4% to 7.3% over the year
  • Long-term unemployed accounted for 60.5% of total unemployed, compared with 61.8% one year earlier
  • Largest rates of increase recorded in agriculture, forestry and fishing (+14.9% or 14,400); Professional, scientific and technical activities (+11.4% or 11,800); and Accommodation and food service activities (+11.2% or 13,500)
  • Full-time employment up 46,400 over the year; Part-time employment down 3,700
  • Part-time underemployment decreased by 14,200 (9.1%) – now 31.4% of part time employment
New Government competitive start-up fund for graduate entrepreneurs launched Open to early stage companies active in manufacturing and internationally traded services sectors including: Internet, Games, Apps, Mobile, SaaS, Cloud Computing, Enterprise Software, Life sciences, Food, Cleantech & Industrial Products. Also in this area is the new Best Young Entrepreneur Fund: Government funded competition recently launched. Application Deadline: 30 June 2014

First person awarded the Knowledge Transfer Ireland (KTI) Research2Business Award this week KTI supports business and research outfits to maximise ideas coming from State funded research. First KTI award for best collaboration between business and research institutions was given to Dr Mark Southern, University of Limerick who has received funding €4.6 million, 23% of it from industry University of Limerick was also recognised with an award as the winning researcher’s university for its role in encouraging and facilitating industry collaborations and for supporting knowledge transfer at institutional level. KTI also officially launched their new office and website this week,


New SME lobby group call for new measures to deal with financial difficulties between banks and small businessesw SME lobby group call for new measures to deal with financial difficulties between banks and small businesses Group consists of Irish Farmers Association (IFA), Vintners Federation of Ireland (VFI), Irish Property Owners Association (IPOA) & Retail Grocery, Dairy and Allied Trades Association (RGDATA) – 101,800 members in total. Basis of negotiations between banks and small business in credit difficulties is not working and detrimental. Proposing new guidelines to protect SMEs: Allow borrowers to see all their bank information; Banks to respond to correspondence within 15 days; Appoint main point of contact to improve communications

Numerous jobs could be created through renovation of national property stock over coming years

Under Energy Efficiency Directive, Government is obliged to renovate national stock of property to comply with energy standards, with good opportunities to generate jobs In Ireland financing is already available through €70m Energy Efficiency Fund and AIB’s €100m Fund




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