‘Honest appreciation of North’s economy demonstrates need for action’ – Bradley | Latest Newry News, Newry Sport and Newry Business for Newry City

‘Honest appreciation of North’s economy demonstrates need for action’ – Bradley

SDLP Economy spokesperson Sinead Bradley has commented following the release of employment statistics this week.

SDLP MLA for South Down Sinead Bradley

SDLP MLA for South Down Sinead Bradley

She said, “The employment statistics demonstrate why we must deliver immediately on a strategy that will tackle the continued regional inequality many people here struggle with.

“Derry City and Strabane have far greater numbers of people out of work than anywhere else in the North, Scotland, England or Wales, with 5.9% claiming out of work benefits. To put it in some context, there are 105 local authorities in the UK with fewer than 1% of their population claiming JSA or work-seeking Universal Credit.

“On a macro-level we also find that Northern Ireland is under-performing compared to England, Scotland and Wales. We have more people out of work and a higher level of economic inactivity.

She continued, “We also have more people about to be made redundant from Bombardier amidst wider ongoing business uncertainty and the manufacturing sector’s pleas for an industry strategy falling on deaf ears in the Executive. We must also remember that average salaries here are at the bottom of the ladder.

“The SDLP has long been fighting the economic repartition that this Executive presides over. Our party leader Colum Eastwood is working on a Private Member’s Bill that will introduce statutory requirement to look at the regional economic imbalance when considering inward investment.

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July 2016Bradley added, “Alongside this duty, we are calling for the immediate development of regional and sub-regional economic strategies which would align on an island-wide basis and the sectors with the largest economic potential such as agri-foods, manufacturing, tourism, life sciences.”

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Posted by on Aug 18 2016. Filed under Politics. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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