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Jobs creation strategy must accompany emergency budget – Morgan

1 April, 2009


Sinn Féin Finance Spokesperson Arthur Morgan TD has called on the Government to produce a jobs retention and creation strategy with next week’s budget. Speaking as the latest live register figures were showed that unemployment increased by nearly 17,000 to 373,279 Deputy Morgan said the continued haemorrhaging of jobs is the biggest threat to Ireland’s economy and the Government can’t simply cut and tax its way out of the economic crisis.

He described the figures as extremely worrying predicting unemployment of well over half a million by the end of the year unless the Government takes swift action.

Deputy Morgan said, "Today’s live register figures, highlighting the continued haemorrhaging of jobs, are extremely worrying. If the current trend continues we will be looking at unemployment figures well above the half a million mark by the end of the year. This trend can be stopped in its tracks but only if the Government takes swift action.

"Increased unemployment is the single biggest threat to Ireland’s economy and yet the Government has absolutely no strategy to curb job losses or create new ones. This is unacceptable. The Government cannot simply expect to cut and tax its way out of this economic crisis.

"Next week’s emergency budget must be accompanied by a major jobs retention and creation strategy. We in Sinn Féin last week launched a major set of proposals to retain and create jobs. We would encourage the Government to take these proposals on board and to make this issue a cornerstone of their economic recovery plane." ENDS

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