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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:Any fog and low cloud burning off this morning. Then sunny intervals with a few showers breaking out this afternoon, these mainly across southern counties. Warm. Maximum temperature 21 °C.Tonight:Any showers dying out this evening. Then the rest of the night will be dry with variable amounts of cloud. Low cloud and fog developing in the early hours. Minimum temperature 10 °C.
