Extra 40,000 jobs to come on stream this year despite ‘powerful headwinds’

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Extra 40,000 jobs to come on stream this year despite ‘powerful headwinds’
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Exchequer surplus of €10 billion expected at the end of 2023 due to receipt of windfall corporation tax receipts

Around 40,000 extra jobs will be generated this year despite the “powerful headwinds” facing the Irish economy, according to the latest budgetary update.

The stability programme update from the Department of Finance predicts that the workforce in Ireland will increase from 2.547 million people last year to 2.588 million this year. The update said that despite the “powerful headwinds” faced over the past year from the Russian invasion of Ukraine, Brexit and rising interest rates, ...

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