IRELAND’S UNEMPLOYMENT RATE currently stands at 14.6 per cent with about 430,000 people receiving some form of jobseekers’ benefit.
In an interview with US television yesterday, Michael Noonan admitted it was one area in which government still had a lot of work to do. The Minister said it was hard to translate a slowly-growing economy into jobs.
However, he claimed that unemployment had stabilised, noting that a large number of people who were engaged in the construction industry had to be retrained and redeployed to other sectors of the economy.
Today, the coalition outlined a number of reforms which it hopes will aid job creation and get the long-term unemployed back to work. One proposal is the JobsPlus initiative which will see businesses receive cash-back for every jobseeker they employ.
But is it enough? Are you satisfied with the government’s work on jobs?