Chambers Ireland have today (06/06/13) said that CSO figures showing that the standardised rate of unemployment remains steady at 13.7% are a further indication of stabilisation in the economy.
Speaking this morning, Seán Murphy, Chambers Ireland Deputy Chief Executive said “The fact that the standardised rate of unemployment began to slowly fall towards the end of last year and has held steady at 13.7% for the first few months of this year indicates further stabilisation. It is important that the Government build on this progress by doing all that it can to support employment by ensuring that that no new taxes are introduced in Budget 2014. Along with this, assurances are required that additional sick pay and increased PRSI costs won’t be heaped onto struggling employers in the Budget.”
“Our unemployment numbers are clearly skewed by higher levels of emigration and the withdrawal of some citizens from the labour market; if we want to make a meaningful improvement in employment levels then more must be done to support consumption and the domestic economy. No new taxes will support this and help to rebuild consumer confidence, creating the enhanced activity levels needed to support jobs growth,” he concluded.
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For further information contact Amy Woods, Chambers Ireland on 01 400 4319, 086 6081605 or email amy.woods@chambers.ie
Chambers Ireland – Ireland’s largest business network creating the best environment for members locally, regionally and nationally.
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