Three out of four workers are employed by Irish owned businesses

Three out of four workers are employed by Irish owned businesses

Three out of every four workers in the State are employed in an Irish owned business according to new data from the Central Statistics Office. Irish-owned enterprises accounted for 74.9% of total employment and 65.2% of total earnings in 2023.

The newly released data also revealed that employment in US-owned enterprises accounted for 9.0% of total employment and 17.1% of total earnings.

While EU-owned enterprises accounted for 5.2% of total employment and 6.1% of earnings, UK-owned enterprises accounted for a further 4.9% of employment and 4.7% of earnings. Across almost all sectors, Irish-owned enterprises accounted for the largest proportion of employment.

The one exception was in Information & Communication, where US-owned enterprises accounted for 43.2% of employment and 59.1% of the total earnings.