Labour T.D., Gerald Nash, has welcomed the publication of IDA data showing a net increase of 6,570 agency-backed jobs in 2012, which represents the best performance for almost a decade.
“The results today show that recovery is well underway in Ireland. Louth has been a major beneficiary in 2012 with 1,000 jobs from Paypal and over 350 jobs from Nextag and Yapstone recently announced in Drogheda. Progress is never as fast as we want it but after years of economic chaos we are clearly moving in the right direction.
“The last two weeks have seen a number of positive indicators for Ireland. Unemployment has decreased slightly over the year. We have made huge reductions in our national budget deficit, with the figures for 2012 coming in almost half a billion ahead of target. Our exports continue to do well and the last few months have seen growth in our domestic services industries, growth which has not been seen for five years.
“There is still a huge amount to be done, and the economic uncertainty abroad clearly isn’t helping. I am confident that Ireland will continue to buck the trend in Europe and will again record growth this year. In particular I am hopeful that 2013 will be the year that we wave goodbye to the Troika. That will be a huge milestone in our recovery and a clear sign to the international community that Ireland is very much back in business.”