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Unemployment increase a direct result of Government inaction – Morgan

7 August, 2009

Sinn Féin Finance Spokesperson Arthur Morgan TD has described the live register figures released today, which showed a jump in unemployment of 10,500, as a direct result of months of Government inaction on the jobs front.

Speaking today as the figures were released Deputy Morgan said:

“The seasonally adjusted Live Register total increased from 412,900 in June to 423,400 in July, an increase of 10,500. This is a direct result of months of Government inaction on the jobs front.

“We need to see action now, we do not need press conferences announcing measures; we need these measures to be implemented.

“I find it very convenient that the Tánaiste and Minister for Enterprise, Trade and Employment yesterday re-announced her employment subsidy scheme for export companies the day before the CSO figures are released. This is a flaccid, empty attempt by the Government to cushion, and indeed hide the grim realities of unemployment facing the people this country.

“The Minister said the temporary €250 million employment subsidy scheme would protect up to 27,400 vulnerable jobs. In the course of a month 10,500 people signed onto the Live Register, bringing the standardised unemployment rate to 12.2%. In the course of a month, just under half the number of those jobs that are projected to be saved from the subsidy scheme have been lost.

“If the Government produced a job creation and retention scheme at the time of the emergency budget then the numbers signing onto the Live Register would have been significantly less.

“Ms. Coughlan needs to take swift action to implement her subsidy scheme rather than to dress it up to try mask the crippling figures that have emerged today. Clearly, yesterday’s re-announcement was a feeble attempt to take the sting out of the CSO stats today.” ENDS

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