The new jobs on offer are not beyond the capabilities of our people, but there is one thing we are lacking – a proficiency in foreign languages, writes Aaron McKenna, who says we should try and rectify this for future generations.
Hundreds of jobs will be created in the construction industry over the next couple of years as a result of recent announcements for foreign direct investment in Ireland, the Industrial Development Authority has said.
IRELAND is once again becoming a favoured location for foreign direct investment (FDI) according to a new report by IBEC (Irish Business Employers Confederation).
IBEC say the reasons behind our resurgence among foreign multinationals, is due to the ease of doing business in Ireland and a well educated work force. IBEC also states that Ireland is ranked fourth in the world in terms of availability of skilled labour and openness to new ideas and that wages will fall by 9% between 2008 and 2011, all of which has helped to boost investment into Ireland.
IBEC’s Director of International Affairs Brendan Butler said: “The adjustments, while painful, were absolutely essential to protect the Irish economy. The focus over the past two years on increasing productivity and cutting costs has helped companies restore some of the competitiveness lost in the preceding years.
However, Michael Hennigan of Financial blog Finfacts says: “What is termed a report, is more a marketing brochure listing positives and could have been produced by a public enterprise agency where focus is generally more on spin than facts.”
Last week the IDA said this was ‘one of the best years on record’ for foreign investment into Ireland.
It also said exports are being helped by improving international demand and the weakening of the euro. The news comes in the wake on negative news from ratings agency Moody’s, which downgraded Ireland’s credit-rating this morning.
TÁINISTE MARY COUGHLAN has announced 200 new jobs for Letterkenny, Co. Donegal.
US health insurer UnitedHealth Group is to expand its existing operations in the town. The Fortune 100 company currently employs 340 people processing medical claims, as well as working as IT technicians.
The new jobs will be in the same areas and will be filled by the end of the year.
Coughlan said the company’s decision to locate in Ireland is due to the availability of highly-skilled staff in the region.
US Vice-President of Operations, Jim Becker, said it was ‘a proud day’ for the Group.
‘The Letterkenny facility stood out for us
‘Their unquestionable ability to succeed each and every day, along with their strategic location and passionate workforce made our decision very easy.’
A MALE CONTRACEPTIVE injection has proven to be 96% effective, but reported side-effects could delay it being made widely available.
The Guardian reports that a trial of 350 men saw them being given injections of hormones that effectively stop the production of sperm.
The men were given an initial injection and continued to use other birth control methods before entering the “efficacy phase” of the study. At that point they stopped using other methods and received more jabs every two months.
The 96% effectiveness rate is similar to that achieved by the female combined pill.
We want to know: Do you think the ‘male pill’ will become a popular form of contraceptive?
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