The Government has launched the 2016 Acton Plan for Jobs in which it has targeted 50,000 extra jobs for 2016. The action plan includes measures to help industries create jobs, including progress reports every three months to Government.
The fifth annual plan is the first in the new phase of the Action Plan process, aimed at creating 200,000 extra jobs by 2020. Among the key targets set out is to win 175 new investments and create 16,000 new jobs by IDA companies by the end of 2016.
Key highlights of the plan Include:
- 13,000 new jobs in Enterprise Ireland companies and 16,000 new jobs in IDA companies in 2016.
- Financial services – IDA will develop proposals to win more “front office” financial services activities.
- Double the intellectual property outputs from business.
- Regional Jobs Plan; further actions to support regional jobs growth supported by €530million in funding.
- A step-up in skills supply, including a single Government web portal to highlight job opportunities to returning emigrants and a new National Skills Strategy.
- €150million in new funding for R&D from Horizon 2020, and €600million in R&D investment annually from multinational companies.
- Measures to target jobs from new sectors including the bio-economy and the audio-visual sector.