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Government not doing enough to tackle rising unemployment – Ó Snodaigh

4 August, 2011 - by Aengus Ó Snodaigh TD

Speaking today as CSO figures showed an increase of 1,500 people signing on the live register Sinn Féin TD Aengus Ó Snodaigh said ‘the Government is not doing enough to tackle rising unemployment.’

Deputy Ó Snodaigh said:

“Unemployment has risen again. In July 1,500 more people signed on the Live Register. A staggering 447,900 people are now out of work. And of course this figure does not include those who were self employed and those who have emigrated.

“The Government’s anaemic jobs initiative launched just a few months ago has done little to address the growing problem of unemployment and long-term unemployment.

“This is simply not good enough when set against the pre-election promises of both Government parties. Fine Gael promised an investment of €7 billion to create 100,000 jobs. Labour promised a jobs fund of €500 million and a Strategic Investment Bank with funds of €2 billion.

“Yet only weeks after taking office they announced a jobs initiative that promised a meagre €29 million of expenditure on capital projects and €11 million on additional training places.

“There is an urgent need for serious investment in job creation. The only way to get the economy back on track is to invest in a major job creation stimulus package.

“Sinn Fein believes that the government must invest €2 billion from the National Pension Reserve fund to fast track labour intensive infrastructure projects and to assist small and medium sized businesses to save and create jobs.” ENDS

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