05/07/2012
SIPTU President Says Unemployment Figures Underlines Urgent Need For Stimlus
SIPTU General President, Jack O'Connor has said that the latest figures show that unemployment is moving ominously closer to 15% of a declining workforce.
The Central Statistics Office confirmed today that unemployment has risen from 14.7% to 14.9% of the workforce, the third successive monthly increase.
"It highlights the urgency of pressing ahead with an imaginative stimulus plan funded by off balance sheet investment in infrastructure" he said.
Jack O'Connor said the trade union movement has outlined detailed proposals for the development for an infrastructural fund based on a combination of €2.5 billion from the National Pension Reserve Fund, €2.3 billion incentivised from private pensions funds and a similar figure from the European Investment Bank. He said that other sources of finance such as recycling the retained profits of the commercial state companies could also be accessed.
"This would create a fund of more than €10 billion to be leveraged into the economy at about €3 billion per annum over the next three years and generate 30,000 jobs, increase GDP by 1.5% and return €1.5 billion to the Exchequer in revenue and savings in social transfers," he said.
(CD)
The Central Statistics Office confirmed today that unemployment has risen from 14.7% to 14.9% of the workforce, the third successive monthly increase.
"It highlights the urgency of pressing ahead with an imaginative stimulus plan funded by off balance sheet investment in infrastructure" he said.
Jack O'Connor said the trade union movement has outlined detailed proposals for the development for an infrastructural fund based on a combination of €2.5 billion from the National Pension Reserve Fund, €2.3 billion incentivised from private pensions funds and a similar figure from the European Investment Bank. He said that other sources of finance such as recycling the retained profits of the commercial state companies could also be accessed.
"This would create a fund of more than €10 billion to be leveraged into the economy at about €3 billion per annum over the next three years and generate 30,000 jobs, increase GDP by 1.5% and return €1.5 billion to the Exchequer in revenue and savings in social transfers," he said.
(CD)
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Pharma Jobs Boost For Carlow
Around 60 new jobs are to be created in Carlow by the pharmaceutical facility, Merck Sharp & Dohme. The recession-beating jobs are the result of the construction of a new €20m vaccines and biologics facility in the town this year. The firm says 170 people will be employed when the facility opens in 2011.
Pharma Jobs Boost For Carlow
Around 60 new jobs are to be created in Carlow by the pharmaceutical facility, Merck Sharp & Dohme. The recession-beating jobs are the result of the construction of a new €20m vaccines and biologics facility in the town this year. The firm says 170 people will be employed when the facility opens in 2011.
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17 June 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.
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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.
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Latest Unemployment Figures 'Disappointing' - SF
Sinn Féin have said that they are "disappointed" at the latest unemployment figures for July from the Central Statistics Office (CSO).
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11 February 2010
SIPTU Launches Unpaid Wages Action
One of the Irish state's largest unions, SIPTU has announced a protest at the City Hall in Galway over unpaid wages for construction workers.
SIPTU Launches Unpaid Wages Action
One of the Irish state's largest unions, SIPTU has announced a protest at the City Hall in Galway over unpaid wages for construction workers.
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Northern Ireland WeatherToday:A sunny but frosty start for many. However cloud increases by midday with a few showers reaching the north coast, these mostly light but spreading inland this afternoon. Chilly. Maximum temperature 8 °C.Tonight:A rather cloudy evening with scattered showers. Becoming drier through the night with some good clear spells developing and a patchy frost away from coasts. Minimum temperature 0 °C.