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Job creation up slightly, job destruction down significantly, net job creation remains negative

Statistics on job creation and job destruction were released 31st January 2012 on CSOs online database STATBANK as part of the Job Churn statistical product.

Job creation and job destruction in the business economy (NACE Rev2 sectors B-N excluding 642):


• Job creation has increased slightly from 9% in 2009 to 12% in 2010
• Job destruction has fallen significantly from 28% in 2009 to 18% in 2010
• Net job creation (job creation less job destruction) remains negative at – 6% in 2010

Note: Jobs are based on the number of employees recorded as having worked at an enterprise in a given year, as per the enterprises annual employee returns to the Revenue Commissioners. Therefore, a job where a person worked for only one week part time is counted in the same manner as a job where a person worked for a full year on a full time basis. Job creation occurs when there is a positive change in the number of jobs at an enterprise when compared to the previous year. Job destruction occurs when there is a negative change in the number of jobs at an enterprise when compared to the previous year. The calculation of rates for a given year is based on the average number of jobs counted in the given year and the year previous to the given year.

The analysis dataset is derived from joining up the employee returns submitted by enterprises to the Revenue Commissioners with the CSO Business register (to obtain enterprise based attributes) and the Client Record System from the DSP (to obtain person based attributes). CSO employs a Protected Identifier Key for persons on these datasets prior to analyzing the data. Detailed aggregates are published on the CSO STATBANK. The data includes breakdowns by worker based attributes (age, sex, whether separating workers get re-employed and what sectors they get re-employed in) and firm based attributes (economic activity (NACE Rev 2), employment size and whether contracting or expanding).


Click on the link for further details:CSO press release

This Job Churn statistical product is currently considered experimental in nature.