Its not all bad news on the jobs market. IDA Ireland have announced in the past month alone a number of new expansion and investments by major multinational clients involved in Pharmaceutical manufacturing, R&D, software production, customer and financial services who will be creating several hundred science jobs over the next five years.
Granted there have been job losses too; but these are high value jobs that continue to be created, are in the knowledge economy where long term investment is crucial as these attract additional support positions and are generally indicative of long term rather than short term commitment by MNC’s.
This is borne out by more and more multinational firms who have decided to set up their research and development departments in Ireland, again a key indicator of long term confidence and future commitment.
Medical Device Manufacturing and advanced manufacturing firms employing plastics/ polymer, manufacturing and life science engineers for the biopharma industry continue to recruit which can be attested by the high levels of activity within the Irish Recruitment agency market especially those catering for Medical and R&D Jobs.