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Government focus must shift to saving jobs – Morgan

25 June, 2009


Sinn Féin Finance Spokesperson Arthur Morgan TD has said employment figures released today by the Central Statistics Office show that the Government should have intervened with a job retention fund in the April emergency budget.

Speaking as the National Household Survey showed that unemployment hit 10.2% in March Deputy Morgan said if the Government wasn’t so preoccupied with bailing out the banks and cutting public and social spending much could have been done by now to stem the loss of jobs.

He said, “In the run up to the emergency budget in April I called on the Government to intervene with a €300million job retention fund to save private sector jobs. Had this been done we could have saved approximately 45,000 jobs by now. Unfortunately however, the Government was preoccupied with bailing out the banks and slashing public services and social spending.

“I welcome the Government’s belated move in the direction of job retention this week but we need to see the detail of their proposals.

“What is absolutely clear from today’s figures is that the Government’s priority must shift to job retention and creation immediately. This should have been done in the emergency budget in April.” ENDS

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