LIVE REGISTER AND REDUNDANCY FIGURES UNDERLINE GOVERNMENT INEPTITUDE | Collins McNicholas

LIVE REGISTER AND REDUNDANCY FIGURES UNDERLINE GOVERNMENT INEPTITUDE

 

  • 466,824 on Live Register.

 

  • Unemployment crisis escalates as thousands emigrate.

 

  • 252 extra Redundancies a working day reported in July

 

  • Government’s ‘wait and hope for growth’ policy must change.

 

  • Lack of National Economic Plan a disgrace.

In response to the latest Live Register and Redundancy figures, released today, (Thursday 5th August), ISME, the Irish Small & Medium Enterprises Association, castigated the government for its “hands off” approach to the jobs crisis. The Association called for an immediate National Economic Plan, with increased focus on initiatives to maintain employment, including the reintroduction of the Employment Subsidy Scheme to all sectors of the business community.

The latest seasonally adjusted live register figures confirm that 452,500 people are claiming assistance, up 34,400 on the corresponding period last year, an increase of 8%, with the standardised unemployment rate rising to 13.7%.

The Redundancy figures confirm that there have been 39,256 redundancies to the end of July, with 57% of these in construction and manufacturing and 43% of job losses were in the services sector. Females now account for 37% of redundancies, confirming that job losses continue to be spread throughout the whole economy.

According to ISME Chief Executive, Mark Fielding, “the true level of unemployment is under-reported through increased emigration, increased participation on state training initiatives and a significant rise in individuals remaining in education. These facts mask the true picture in the jobs market; where well over half a million of our citizens are out of work”.

“The total lack of an overall economic plan for the country is a national disgrace, which will have repercussions for years to come. The Government seem to have bought into the idea that Ireland is set for “jobless growth” and have turned a deaf ear to calls for a jobs stimulus package, which will more than pay for itself. The lack of innovative economic and business thinking, leading to a form of paralysis at cabinet level is mind boggling”.

“It is a crying shame that a whole generation of young, educated Irish has to become economic migrants, like their parents in the 70’s and 80’s. Meanwhile our government can afford to take holidays, bereft of ideas, lacking a plan, without a solution in sight. All the indications are that the labour market will continue to deteriorate, with thousands of more jobs at risk as the cabinet tinkers around the edges, sans strategy, sans plan, sans anything”.

 

In conclusion Fielding outlined, “The business community cannot wait for this government to wake up, as SMEs in particular are striving to compete. It is time for the immediately introduction of a comprehensive National Economic Plan incorporating a National Employment Strategy to address the escalating jobs crisis. The plan must address the concerns of business, including labour costs and competitiveness together with incentives to create and maintain employment”.

 

 

 

www.isme.ie

Redundancy Figures      
  Jan-July ‘08 Jan-July ‘09 Jan-July ‘10
Carlow 218 510 517
Cavan 253 530 421
Clare 561 1,244 779
Cork 1,856 5,705 4,394
Donegal 318 886 705
Dublin 7,539 19,144 16,236
Galway 1,120 2,212 1,513
Kerry 452 1,156 824
Kildare 941 1,968 1,861
Kilkenny 296 912 637
Laois 294 549 393
Leitrim 77 163 90
Limerick 1,049 2,662 2,753
Longford 170 355 245
Louth 697 1,154 689
Mayo 365 706 538
Meath 544 1,397 1,181
Monaghan 403 546 413
Offaly 236 573 561
Roscommon 197 329 213
Sligo 165 472 246
Tipperary 687 1,186 967
Waterford 846 1,622 949
West Meath 303 820 474
Wexford 536 1,225 944
Wicklow 437 1,346 713
Total 20,255 49,009 39,256