Murphy: ‘No amount of massaging will disguise real unemployment figures’

Posted by
Wednesday, March 21st, 2012
Community, News
Sinn Féin Economy Spokesperson, Conor Murphy has said that no amount of massaging of figures will disguise the real numbers of unemployed. Speaking to Newry Times, Murphy said, “The facts are that the number of employee jobs available fell by over 3000 since December 2011, claimants increased by 200 and the percentage of long-term unemployed increased. While it is encouraging that certain areas of manufacturing continue to grow the retail sector and indigenous SME’s continue to experience closures and job losses.” Murphy added, “The Department of Enterprise Economic Strategy, launched last week aims to promote over 25,000 new jobs and I welcome this initiative. I believe however, that a focus of any investment that accompanies this job promotion should be specifically targeted at the indigenous SME sector in areas of high deprivation and unemployment. While the £16million equity fund for Co-investment Fund is a welcome development, what is required is for pressure to be brought to bear on the Banks to relax their restrictive lending conditions so that SME’s can plan for future investment and expansion with confidence.”    
Both comments and pings are currently closed.

Comments are closed


This website does not share personal information with third parties nor do we store any information about your visit other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings.

We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on 16/01/2017. If you have any questions feel free to contact Newry Times by emailing

Log in