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ESRI report shows cuts aren’t working – Reilly

30 November, 2011


Sinn Féin Spokesperson on Youth Affairs Senator Kathryn Reilly has said the ESRI report, published today, shows that the economy is being depressed by cuts which are having a profound impact on employment and emigration levels.

Speaking in the Seanad Senator Reilly said:

“The ESRI reported that employment will drop by 22,000 next year but that that will be masked by the emigration of 40,000 people. That is on top of 35,000 emigrating this year.

“According to the ESRI’s estimation 12 people will emigrate next year in each of the state’s 3440 electoral divisions – that is nearly an entire GAA team in thousands of communities across the state.

“We need to talk about employment and specifically about youth unemployment. Let’s talk about how the Government expects to realise the knowledge economy when our skilled graduates are emigrating.”

Speaking afterwards Senator Reilly said:

“Our educated and skilled young people are leaving in their droves. Families, communities and the country are losing a generation. These are the very people who, given the opportunity, would provide the foundation for economic growth.

“The policies of austerity are failing our young people, failing us all. What the ESRI forecasts are showing is that the economy is being depressed by cuts which are having a profound impact on employment and emigration levels.

“Sinn Féin has advocated investment in our young people and the economy. We have put forward plans to invest in jobs, education and training.

“Unlike our young people this government has choices to make. It can continue with the failed policies of cutting public services and paying billions to failed speculators or it can invest in our young people and economy.” ENDS

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