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17/06/2011
Unemployment Figures Show Scale Of Challenge, Says Bruton
Speaking from the United States, on a week-long trade mission to meet some of the world’s biggest IT companies, Minister Bruton commented on unemployment figures.
He said: “The decline in the unemployment rate from 14.8% in the last quarter of 2010 to 14% in the first quarter of 2011 is to be welcomed, but today’s figures remind us once again the scale of the unemployment challenge facing a new government. Emigration is now draining our country and our economy of some of our best and brightest people and we must do everything we can to create opportunities for them to stay here and contribute to our recovery. That was one of the key focuses of the recent Jobs Initiative.”
On his trip to secure new investment and employment for Ireland, he added: “I have said repeatedly that Government itself does not create employment, but it has a crucial role in creating the environment where businesses can grow and create those much-needed jobs.
“I am determined to urgently implement a series of reforms to reduce business costs, increase access to finance and to encourage and support innovation in every way possible. The public sector, as a major economic actor in its own right, also has a key role in providing leadership in each of these areas and it is crucial that job creation becomes the top priority of organisations across government in a very real way.
The Minister concluded: “It took many years of misguided policies to get our country into the jobs crisis we face now and it will take a number of years of the right policies to get us out of it. That is why there isn’t a moment to lose in driving on with the reforms and policy changes needed to help turn our shared fortunes around.”
(BMcN)
He said: “The decline in the unemployment rate from 14.8% in the last quarter of 2010 to 14% in the first quarter of 2011 is to be welcomed, but today’s figures remind us once again the scale of the unemployment challenge facing a new government. Emigration is now draining our country and our economy of some of our best and brightest people and we must do everything we can to create opportunities for them to stay here and contribute to our recovery. That was one of the key focuses of the recent Jobs Initiative.”
On his trip to secure new investment and employment for Ireland, he added: “I have said repeatedly that Government itself does not create employment, but it has a crucial role in creating the environment where businesses can grow and create those much-needed jobs.
“I am determined to urgently implement a series of reforms to reduce business costs, increase access to finance and to encourage and support innovation in every way possible. The public sector, as a major economic actor in its own right, also has a key role in providing leadership in each of these areas and it is crucial that job creation becomes the top priority of organisations across government in a very real way.
The Minister concluded: “It took many years of misguided policies to get our country into the jobs crisis we face now and it will take a number of years of the right policies to get us out of it. That is why there isn’t a moment to lose in driving on with the reforms and policy changes needed to help turn our shared fortunes around.”
(BMcN)
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Northern Ireland WeatherToday:A showery start with outbreaks most frequent north of Lough Neagh and through the morning, before dwindling during the afternoon as the northwest breezes ease and brighter spells of weak sunshine prosper. Maximum temperature 8 °C.Tonight:A dry night, save for a few light showers around the coasts, with prolonged clear spells and light winds bringing a frosty dawn for many in central and southern parts. Minimum temperature -3 °C.
