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Morgan welcomes USI publication of ‘Reigniting the Smart Economy’

1 October, 2010

Sinn Féin Spokesperson on Enteprise, Trade and Innovation Arthur Morgan TD, has today welcomed the publication of “Reigniting the Smart Economy” by the Union of Students in Ireland, which seeks to address the issue of graduate unemployment.

Deputy Morgan said:

“I very much welcome the publication today by the USI of the document ‘Reigniting the Smart Economy’. It heralds an important moment when disillusioned graduates are coming together to lobby the Government to make the changes necessary that will tackle the scourge of youth unemployment and to reaffirm to Government that in the absence of changes to Government policy, Ireland’s economy will be thwarted for generations to come.

“The Smart Economy of this Government has been led by the export of young people. We are losing a generation of graduates, of skilled and educated young people, to the economies of stimulus where there has been investment and job creation.

“Ireland is on the verge of a total brain-drain and the economy will never be able to recover when the agents of recovery, our skilled and educated young people, are being forced from our shores.

“Ireland has enormous potential to become a world leader in industrial development-through indigenous enterprises and high-tech innovations but Government policy is prescribing that the State will be hanging on the coat-tails of multinationals for innovation and industrial-led development.

“The three important recommendations made by the USI echo the recommendations made by Sinn Féin in our ‘Solutions to Youth Unemployment’ document: entrepreneurship, employability and access to the labour market and we will be supporting the USI in their campaign to put graduate unemployment on the Government agenda.

“Next week, Sinn Féin will be presenting our solutions to youth and graduate unemployment at the NYCI National Youth Employment Conference in the Croke Park Conference Centre.” ENDS

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