Sinn Féin - On Your Side

Job creation and balanced regional development are key priorities for SF

8 May, 2007

Sinn Féin Enterprise spokesperson Arthur Morgan TD speaking following this morning's comments from Fianna Fáil Minister said "Job creation and balanced regional development is a key priority for Sinn Féin and we have very innovative and far reaching policies to ensure future economic growth." Deputy Morgan said:

"Current Government policy has failed to address rising inflation, an over-reliance on foreign direct investment and an over-dependence on the construction sector. The government has failed to promote balanced regional development and infrastructure and to roll out broadband is still not good enough in many parts of the State. The levels of research and development (R&D) remain too low. There is no coherent plan for developing indigenous business or for training and upskilling the workforce. There is a worrying and unacceptable move by some employers to sustain competitiveness on the back of low-paid and exploited migrant workers, and the Government has not prevented this.

"The Government has also failed to proactively plan to meet future challenges to the economy, including specifically planning for workers employed in vulnerable sectors.

Many of the jobs lost in rural areas are not being replaced - with devastating local effects. Many of the new jobs cited by the Government as replacing those lost are only part-time. That's not good enough.
"Job creation and balanced regional development are key priorities for Sinn Féin. We would invest in infrastructure including broadband roll out across the state, we would introduce a package of measures aimed specifically at supporting and developing indigenous enterprise. We would intervene to bring down business costs in key areas such as energy and insurance. We would continue to encourage more Foreign Direct Investment but give the same type of supports to small and medium businesses. We would also support agriculture which provides 20% of all jobs outside of the public sector. Other measures we would introduce includeinvestment in Research and Development, proposals to pre-emptively up-skill workers vulnerable to future jobs-losses anda specific Redundancy to Entrepreneurship scheme to assist workers who have become redundant to establish their own businesses. We also propose a single currency, a single labour market and a harmonised tax regime for the island."ENDS

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