Appalling unemployment and emigration rates continue to shrink Irish labour force
Sinn Féin spokesperson on enterprise, jobs and innovation, Peadar Tóibín TD, has stated that by any objective measure 294,000 people unemployed and 87,000 people emigrating annually was an economic and social catastrophe.
He said that “in an economy that is dazed and numb from four years of unrelenting severe austerity an increase in employment by 1,200 is welcome. This represents on average 100 new jobs a month. At this rate it would take 83 years for the government to reach its promised 100,000 net new jobs.
“The CSO Quarterly Household Survey shows that the total number of persons in the labour force has decreased by 18,000 over the year. For every one job the government has created, 18 people have either given up looking for work or have emigrated.
“Worryingly the survey continues the trend towards underemployment where we see that there has been a fall of 12,000 people who are in full employment. The number of young people at work is down is also down. Nearly half of young people on the live register have been there for 12 months on more.
“The unemployment crisis cannot be dealt with on a piecemeal basis it needs to be given the priority and resources that the crisis demands. Investment in our gapping infrastructure to stimulate future efficiencies and current demand must be core to the solution.”