Midlands Regional Enterprise’s Post

Strong growth at Enterprise Ireland client companies in the Midlands in 2024, with a 3% increase in employment numbers. Nationally, it was the 4th year in a row of positive job creation results, with total employment at client companies increasing to a record 234,454, made all the more impressive in what was a challenging year for some export sectors. The regions continue to perform well, with 64% of job creation outside of the capital. Results by sector showed employment increases across Enterprise Ireland’s three core economic sectors - Technology & Services (+2%), Industrial and Life Sciences (+3%) and Food and Sustainability (+3%). Strong employment growth was reported in specific sub sectors such as: • Climate, Sustainability and Agritech (+8%) • Digital Technology (+2%), • Construction (+4%) • Fintech, Financial Services (+2%) • Lifesciences (+7%) • Prepared Consumer Food (+4%) Leo Clancy, CEO, Enterprise Ireland said: “I am delighted to announce that 2024 was another strong year with our client companies creating 15,741 new jobs and growing net employment by 3%. 2024 marks the final year of Enterprise Ireland’s three-year strategy ‘Leading in a Changing World’ and we can confirm that our client companies have overachieved on our key targets to create 45,000 new jobs by 2024 and increase exports to €30bn. Over the three-year period Enterprise Ireland client companies created 50,931 new jobs and at the end of 2023 over €34 billion in exports was recorded. Two thirds of the jobs created in the three-year period were outside Dublin and we supported 479 start-up businesses, up over 20% on the prior three years. The results announced today give us a really strong platform on which to further grow and expand our enterprise base in a sustainable way over the next five years.” #midlandsadvantage #enterprise #jobs #exports #ireland #growth #euinmyregion #midlands #business Midlands Regional Enterprise Local Enterprise Office Laois Local Enterprise Office Longford Local Enterprise Office Offaly Local Enterprise Office Westmeath Athlone Chamber of Commerce Mullingar Chamber Laois Chamber Longford Chamber of Commerce & Industry Tullamore & District Chamber of Commerce

Overall this article reflects a positive outlook for Ireland but with some caveats. Cost competitiveness is currently the top concern for American companies looking to grow their presence in Ireland, according to the latest survey by the American Chamber of Commerce. Notably, 32% of respondents have cited it as their primary worry, contrasting significantly with only 19% in July. Housing equally remains a crucial hurdle, with 30% of chamber members pointing it out as their main challenge to expansion. Interestingly, there are 210,000 people in Ireland employed by 970 US multinationals. It's heartening to see nearly half of the surveyed members plan to increase their workforce in Ireland over the next year, while 48% anticipate maintaining their current staff levels. Despite these challenges, 90% of members maintain a positive view of Ireland as a hub for investment and growth. What's striking is that the shortage of specialist skills is the most common barrier to filling vacancies, reported by 46% of respondents. Additionally, 20% struggle due to housing issues, and 18% face a general shortage of talent. The favourable view of Ireland's business environment stems from its stable, pro-enterprise ecosystem, a sentiment shared by 35% of the surveyed members. Do you see opportunities for growth in Ireland? #BusinessGrowth #IrelandInvestment #Recruitment

Overall this article reflects a positive outlook for Ireland but with some caveats. Cost competitiveness is currently the top concern for American companies looking to grow their presence in Ireland, according to the latest survey by the American Chamber of Commerce. Notably, 32% of respondents have cited it as their primary worry, contrasting significantly with only 19% in July. Housing equally remains a crucial hurdle, with 30% of chamber members pointing it out as their main challenge to expansion. Interestingly, there are 210,000 people in Ireland employed by 970 US multinationals. It's heartening to see nearly half of the surveyed members plan to increase their workforce in Ireland over the next year, while 48% anticipate maintaining their current staff levels. Despite these challenges, 90% of members maintain a positive view of Ireland as a hub for investment and growth. What's striking is that the shortage of specialist skills is the most common barrier to filling vacancies, reported by 46% of respondents. Additionally, 20% struggle due to housing issues, and 18% face a general shortage of talent. The favourable view of Ireland's business environment stems from its stable, pro-enterprise ecosystem, a sentiment shared by 35% of the surveyed members. Do you see opportunities for growth in Ireland? #BusinessGrowth #IrelandInvestment #Recruitment

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in IT?   Despite economic uncertainty, Northern Ireland's job market is showing remarkable resilience, with unemployment hitting a historic low of 2%. In today's dynamic environment, it's crucial to stay ahead of market changes rather than just reacting to them. That's where the NI Employment Monitor comes in, a strategic, data-driven report designed for Business Leaders and Hiring Managers across Northern Ireland.   The report covers various sectors, including the IT sector, which has remained competitive as companies focus on making themselves as efficient as possible, making key hires, building new teams with niche skills, or backfilling resources. IT & Digital accounted for 25% of professional job vacancies in Q1 and Q2. Compared to the same period in 2023, there was a 12% reduction in job vacancies as many organisations exited periods of growth and hypergrowth, with technology companies either making redundancies due to overhiring during the COVID period or pausing hiring activities ahead of new financial years.   📍 Download your copy here: https://lnkd.in/ePyDcDrV   MCS Group | Your Specialist Recruitment Consultancy #NIEmploymentMonitor #MCSGroup #JobMarketTrends

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in Engineering, Manufacturing & Built Environment?   Despite economic uncertainty, Northern Ireland's job market is showing remarkable resilience, with unemployment hitting a historic low of 2%. In today's dynamic environment, it's crucial to stay ahead of market changes rather than just reacting to them. That's where the NI Employment Monitor comes in, a strategic, data-driven report designed for Business Leaders and Hiring Managers across Northern Ireland.   The report covers various sectors, including the Engineering, Manufacturing & Built Environment sectors continued to perform strongly in 2024, accounting for approximately 17% of the vacancies (white collar only) recorded in Q2. Despite challenges such as Brexit, the Windsor Framework, and geopolitical issues like the war in Ukraine affecting the movement of goods through supply chains, many organisations are preparing for growth periods.   📍 Download your copy here: https://lnkd.in/epnCr3DZ To discuss, call me directly on 028 9693 5510 or email k.dillon@mcsgroup.jobs #NIEmploymentMonitor #MCSGroup #JobMarketTrends

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in Engineering, Manufacturing & Built Environment?   Despite economic uncertainty, Northern Ireland's job market is showing remarkable resilience, with unemployment hitting a historic low of 2%. In today's dynamic environment, it's crucial to stay ahead of market changes rather than just reacting to them. That's where the NI Employment Monitor comes in, a strategic, data-driven report designed for Business Leaders and Hiring Managers across Northern Ireland.   The report covers various sectors, including the Engineering, Manufacturing & Built Environment sectors continued to perform strongly in 2024, accounting for approximately 17% of the vacancies (white collar only) recorded in Q2. Despite challenges such as Brexit, the Windsor Framework, and geopolitical issues like the war in Ukraine affecting the movement of goods through supply chains, many organisations are preparing for growth periods.   📍 Download your copy here: https://lnkd.in/ePNA6Vcu   #NIEmploymentMonitor #MCSGroup #JobMarketTrends

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in Sales and Marketing?   Despite economic uncertainty, Northern Ireland's job market is showing remarkable resilience, with unemployment hitting a historic low of 2%. In today's dynamic environment, it's crucial to stay ahead of market changes rather than just reacting to them. That's where the NI Employment Monitor comes in, a strategic, data-driven report designed for Business Leaders and Hiring Managers across Northern Ireland.   .The report covers various sectors, including Sales and Marketing, which saw a 20% decrease in vacancies in Q2 2024 compared to Q1. This trend aligns with slower sales pipelines in 2024 compared to previous years. Despite this, Sales and Marketing vacancies (excluding Retail) accounted for 15% of professional and technical vacancies recorded in the first half of 2024.   📍 Download your copy here: https://lnkd.in/eg_Ticw3   #NIEmploymentMonitor #MCSGroup #JobMarketTrends

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in Accountancy and Finance? Northern Ireland's job market is resilient, with unemployment hitting a historic low of 2%. The NI Employment Monitor is a strategic, data-driven report for Business Leaders and Hiring Managers. In the Accountancy and Finance sectors, hiring activity remains high, accounting for about 26% of professional job vacancies in Q1, increasing to 28% in Q2. The demand for temporary and contract talent also rose from Q1 to Q2 as organisations released budgets for increased headcounts. 📍 Download your copy here: https://lnkd.in/gJ4CDzrS #NIEmploymentMonitor #MCSGroup #JobMarketTrends

🔊 Introducing Northern Ireland's First Employment Monitor 🔊 Curious about the latest trends in Sales and Marketing?   Despite economic uncertainty, Northern Ireland's job market is showing remarkable resilience, with unemployment hitting a historic low of 2%. In today's dynamic environment, it's crucial to stay ahead of market changes rather than just reacting to them. That's where the NI Employment Monitor comes in, a strategic, data-driven report designed for Business Leaders and Hiring Managers across Northern Ireland.   .The report covers various sectors, including Sales and Marketing, which saw a 20% decrease in vacancies in Q2 2024 compared to Q1. This trend aligns with slower sales pipelines in 2024 compared to previous years. Despite this, Sales and Marketing vacancies (excluding Retail) accounted for 15% of professional and technical vacancies recorded in the first half of 2024.   📍 Download your copy here: https://lnkd.in/eD9Yc8Tt   #NIEmploymentMonitor #MCSGroup #JobMarketTrends