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Jobs Bulletin 6 June (#allaboutjobs)

JOBS BULLETIN: For the week ending 6 June

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

Useful statistics

  • 1.89million 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 in the last year
  • 11.8% Current unemployment rate (May 2014) down from 15.1% (Feb 2012)
  • 7.3% Long term unemployment rate (Q1 2014), down from 8.4% this time last year
  • 258,100 People unemployed (Q1 2014), down from 292,000 for Q1 2013 from the CSO’s QNHS

Jobs announcements this week

  • 405 jobs identified in 5 companies in 3 counties
  • Abbvie, Sligo, 175, Biopharmaceutical healthcare company’s €85m investment creates up to 175 jobs
  • HP, Galway, 100, HP extends investment in OpenStack Cloud Services at its Galway-based R&D operation
  • Yelp, Dublin, 100, Yelp, the online local “urban guide”, to set up European headquarters in Dublin
  • AdRoll, Dublin, 20, Online advertising company to employ 120 by the end of the year, increasing previous headcount projections by an additional 20 jobs
  • CWSI, Dublin. 10, Mobile IT integrator CWSI is to create 10 new jobs at a new operation in Sandyford, Dublin

JobsIreland News:

  • 1,644New positions advertised this week 26 May – 1 June
  • 35,567New positions advertised since the start of 2014
  • 617 additional resource teacher posts allocated for September 2014 – National Council for Special Education (NCSE)
  • 500 jobs expected as Kilkenny County Council plans €33m transformation of brewery site for financial services firm
  • 500 additional jobs possible as Kilkenny CoCo in talks with 6 prospective firms looking to invest in the region
  • 120 jobs secured as Oriel House Hotel (Ballincollig) Cork is taken over by Wexford based Talbot Hotel Group
  • 143 jobs secured as Kilkenny’s Mount Juliet Resort sold; Brehon Capital Partners and Emmet O’Neill to take over
  • 15 jobs promised for Kircubbon (Down) as Echlinville Distillery invests in developing premium Irish whiskey
  • 10 high skilled jobs for Derry as Irish IT networking solutions and cabling company Kedington will open a new office

News this week

  • CSO: Seasonally adjusted Live Register figures at 391,800 for May, down 1,600 on last month
  • Long term claimants on the Live Register in May 2014 was 183,370; this represents 47.2% of all claimants
  • There were 76,762 casual and part-time workers on the Live Register in May 2014, 19.7% of the total Live Register
  • The number of under 25s on the register amounted to 15.1%, down from 16% in May 2013
  • Latest Investec Manufacturing PMI report shows that the sector expanded for 12th successive month in May
  • PMI recorded at 55.0 in May, indicating further monthly improvement in business conditions in the sector
  • Sharpest rise in employment in the sector since 1999 as a result of increased workloads
  • Together with positive Services & Construction PMI readings shows strong momentum across Irish private sector
  • Investec Services PMI report – strong rise in business activity in May, 61.7 PMI reading suggests sector is expanding

Take a look!

  • Youth unemployment falling across the Eurozone to 11.7% in April 2014, down from 12% April 2013 – Eurostat
  • Demand for SME lending at 32%, the lowest since June 2011 – ISME Quarterly Bank Watch Survey
  • 60% of SMEs with approved loans say they are experiencing increase in bank charges
  • SME bank loan refusal rate drops to 52% this quarter from 54% last quarter
  • Call for sugar coating of lending figures to stop – ISME

150,000 jobs expected over 5½ years as Ireland’s internet economy due to nearly treble in value

  • Report from UPC and Amárach indicates that Ireland’s internet economy will grow from €8.4bn to €21.1bn by 2020
  • Consumer spending will reportedly make up 60% or €13bn of this surge in online activity
  • Irish businesses expect 21% of their sales to be carried out online in 2014
  • Meanwhile, eNet is extending its fibre service to companies in 3 towns – Kilkenny, Loughrea & Ardee – costing €2.5m

Start ups

  • 10 days to set-up a business in Ireland: World Development Indicators 2014
  • 5 days in Iceland, 4 in the Netherlands and 1 in New Zealand compared with 208 days in Suriname
  • More than 100 start-ups formed every day in May
  • 2,783 start-ups established in May, decrease of 12% for the same month last year
  • 48% located in Dublin, despite the capital representing just 28% of national population
  • Construction start-ups grew by 48% and transport & logistics start-ups up 41% compared to last year

Profitable SMEs up 3% to end March – SME Credit Demand Survey Red C Survey

  • Number of businesses in profit increases from 48% to 51%
  • Number of companies reporting loss remains at 18%
  • 35% of SMEs requested credit in six month period from October 2013 to March 2014
  • Exports of Jameson Whiskey from new €100m distillery in Midleton (Cork) set to double over next 5 years

Irish corporate confidence at highest point in recent years – EY

  • 64% of Irish & UK executives surveyed believe economy resilient despite shocks and low growth
  • This perception is higher in Ireland than UK average
  • Confidence in credit availability markedly lower in Ireland than UK & other markets highlighting finance concerns

73% of Irish businesses feel confident but unsure how to optimise technology engagement – Vodafone Report

  • 84% feel they are not equipped to unlock value from this type of business information and technology
  • 86% of those feeling unprepared have indicated a desire to implement rapid response to changing business needs
  • 88% believe such a response would involve dealing with customers on a more individual and interactive basis

Apply Now! Funding and Apprenticeship Opportunities

Apprenticeships in the areas of Carpentry/Joinery and Stonemasonry – OPW: Deadline: Thursday June 12 – 5:30pm

Enterprise Ireland’s Competitive Start Fund – ICT & Industrial Early stage companies – Deadline: June 18 2014


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