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Sinn Féin Launches Job Creation Strategy

26 March, 2009


Cllr Toiréasa Ferris will this weekend launch Sinn Fein's Jobs Creation Strategy across Munster. The strategy includes:

· Establish a €300 million jobs retention fund to subsidise workers in SMEs struggling to keep on their employees. The fund should be time limited; and should be implemented in conjunction with increased Revenue and Labour Inspectorate.

· Set up a body to actively pre-empt job losses by going to companies where jobs are in jeopardy to trouble shoot and offer advice, similar to the functions carried out by the Irish Credit Corporation in the 1980s.

· The National Development Plan's immediate priority should be providing essential, labour intensive infrastructure. We are calling for the fast-tracking of the school building programme, expansion of the national insulation programme to cover 100,000 homes by 2010 and 150,000 in subsequent years and broadband rollout.

· Fast track business start ups - there are two issues - businesses need access to credit and expertise. The banks need to start doing their job and we are calling for a re-deployment of staff within current job creation agencies to set up one stop enterprise business points. These would bring together funding, expertise and advice for entrepreneurs who want to start new businesses.

· A new Sales Ireland strategy to help Irish firms access export markets and to help Irish firms looking to set up manufacturing businesses with the potential to compete with our largest imports. Currently 90% of exports from the south come from foreign owned multinationals. And foreign owned firms import over 86% of the materials they use, bypassing Irish firms.

· Establishment within a calendar year of Eolas Glas Eireann, led by Sustainable Energy Ireland, with the core aim of developing Ireland as a world leader in green and alternative energy technologies.

· FÁS, the VECs and third level institutions have a combined budget of almost €4billion. They need to have a joined up approach to ensure that we are training people for sectors that will provide jobs in the coming decade.

Speaking before the launch, Toiréasa Ferris said: "Last month saw 91,321 men and women on the live register in Munster. The haemorrhage of jobs is hitting revenue intake, increasing demand on social welfare and wasting the talents and ability of a whole generation. The number one priority for any government at this point should be retaining and creating jobs. It should be getting Ireland back to work"

For Interview with Toireasa Ferris please contact Frank O Neill 087 673 9036

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