Job creation among Local Enterprise Office companies contracts sharply in 2023
The number of new jobs created by micro-enterprises and small businesses plunged 16 per cent last year in the face of high inflation and rising interest rates
New job creation among small and micro enterprises fell sharply last year as the Irish economy slowed down significantly in 2023 in the face of high inflation and rising interest rates, new figures from the Local Enterprise Office show.
Client companies of the Local Enterprise Office created 6,640 new jobs in 2023, which was down 16 per cent on the previous year. Over 80 per cent of these new jobs were created outside of Dublin, ...