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“Increasing inequality despite government talk of economic growth” - Lynn Boylan MEP

22 May, 2015 - by Senator Lynn Boylan

Dublin Sinn Féin MEP Lynn Boylan has called out the government spin on economic recovery.

Commenting today on two reports, from the OECD and the ILO, Ms. Boylan said:

“This government is not managing a fair recovery.

“A growing number of reports highlight growing inequality and poverty due to a shift towards more insecure and precarious employment since the recession.

“The ILO World Employment and Social Outlook 2015 (WESO), highlighted that there is a rise in part-time employment, especially among young women.

“Furthermore the study also indicates that there is a slower recovery in female unemployment rates since 2009 in many regions, including the European Union.

“In Ireland, while the CSO statistics indicate that there is a drop in unemployment, which is welcome, it is important to notice the nuances associated with these figures.

“For example, nearly one third of the 439,900 people that were registered in part-time employment at the end of March were classed as underemployed. Ireland has the third highest rate of underemployment in the EU.

“An OCED report, In It Together: Why Less Inequality Benefits All, emphasises how within the 34 OECD member states, the richest 10% of the population earn 9.6 times the income of the poorest 10%.

“In Ireland this trend manifests itself in the growing use of food banks, with banks across the capital facing increasing demand, the dependence on school breakfast clubs and the rising levels of child poverty across the state.“

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