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16/06/2009
Road Builders Jobs In Jeopardy
Some 10,000 Irish road builders may be facing the dole queues.
According to the Civil Engineering Contractors Association, the Government is abandoning commitments made in its public capital programme and the National Development Plan.
Speaking on Monday, the association's President Pat McCarthy said the Government's capital expenditure, which accounts for major road investments, is being curtailed to that required by existing contractual commitments, and projects required for an ongoing programme are not being started.
"While the Government is insisting they will continue with investment in the order of €6 billion per year over the next six years, there is absolutely no evidence on the ground that this is happening," said Mr McCarthy.
"All of these projects will be complete by the middle of 2010," he said. "After that the workers will be unemployed and the plant and machinery will be moved to Eastern Europe. Our highly skilled and highly paid workers and professionals will be lost to the industry and to the Irish economy."
The announcement comes just as it was revealed that Europe’s economy lost a record 1.22 million jobs in the first quarter this year.
The first-quarter drop was the biggest decline since 1995. Even as indications mount that the worst of the recession may be over, unemployment is near a 10-year high and forecast to rise more as industries from auto makers to airlines reduce output and staffing to weather the economic crisis.
(DW/BMcC)
According to the Civil Engineering Contractors Association, the Government is abandoning commitments made in its public capital programme and the National Development Plan.
Speaking on Monday, the association's President Pat McCarthy said the Government's capital expenditure, which accounts for major road investments, is being curtailed to that required by existing contractual commitments, and projects required for an ongoing programme are not being started.
"While the Government is insisting they will continue with investment in the order of €6 billion per year over the next six years, there is absolutely no evidence on the ground that this is happening," said Mr McCarthy.
"All of these projects will be complete by the middle of 2010," he said. "After that the workers will be unemployed and the plant and machinery will be moved to Eastern Europe. Our highly skilled and highly paid workers and professionals will be lost to the industry and to the Irish economy."
The announcement comes just as it was revealed that Europe’s economy lost a record 1.22 million jobs in the first quarter this year.
The first-quarter drop was the biggest decline since 1995. Even as indications mount that the worst of the recession may be over, unemployment is near a 10-year high and forecast to rise more as industries from auto makers to airlines reduce output and staffing to weather the economic crisis.
(DW/BMcC)
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05 March 2008
Minister Martin Announces Jobs Boost For Waterford
Irish Minister for Enterprise, Trade and Employment Micheál Martin TD has announced that Teva Pharmaceutical, one of the world's largest manufacturer of generic medicines, is investing €65 million at its existing facility in Waterford. The investment, supported by IDA Ireland, will create up to 165 highly skilled positions over five years.
Minister Martin Announces Jobs Boost For Waterford
Irish Minister for Enterprise, Trade and Employment Micheál Martin TD has announced that Teva Pharmaceutical, one of the world's largest manufacturer of generic medicines, is investing €65 million at its existing facility in Waterford. The investment, supported by IDA Ireland, will create up to 165 highly skilled positions over five years.
26 November 2010
Dáil Four Year Plan 'Failing Jobs'
The Irish Government's highly controversial Four Year Plan has been met with hostility by leading unions, who claim the plan is no more than the continuation of "failed policies". The 140-page plan detailed the Government's plans to make €15 billion of savings by 2014.
Dáil Four Year Plan 'Failing Jobs'
The Irish Government's highly controversial Four Year Plan has been met with hostility by leading unions, who claim the plan is no more than the continuation of "failed policies". The 140-page plan detailed the Government's plans to make €15 billion of savings by 2014.
28 September 2005
Pharmaceuticals 'increasingly important' economy sector says Ahern
The Minister for Trade and Commerce has said that the pharmaceutical and biotechnology sector has become increasingly important to the Irish economy. Addressing delegates attending the 2005 Pharmaceutical Manufacturing Workshop Minister Michael Ahern said: "The Pharma Sector is a major direct contributor to the Irish economy.
Pharmaceuticals 'increasingly important' economy sector says Ahern
The Minister for Trade and Commerce has said that the pharmaceutical and biotechnology sector has become increasingly important to the Irish economy. Addressing delegates attending the 2005 Pharmaceutical Manufacturing Workshop Minister Michael Ahern said: "The Pharma Sector is a major direct contributor to the Irish economy.
25 July 2012
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
Minister Announces €20m For Co-Investment In Seed And Venture Capital Funds
The Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, has today announced that €20m is available for co-investment in seed and venture capital funds, and issued a call to fund managers to signal their interest in setting up funds. This €20m comes under the Enterprise Ireland Seed and Venture Capital Programme 2007 – 2012.
18 August 2006
Successful year for Army recruiters
Defence Minister Adam Ingram has revealed the results of a highly successful year for the Army’s recruiters.
Successful year for Army recruiters
Defence Minister Adam Ingram has revealed the results of a highly successful year for the Army’s recruiters.
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Northern Ireland WeatherToday:A cloudy day with outbreaks of mainly light rain at times, although there may be the odd heavier burst. Driest in the south and east during the afternoon. Moderate southwesterly winds. Maximum temperature 11 °C.Tonight:Staying cloudy throughout the evening and overnight period with a little rain or drizzle at times. Mild overnight with light winds. Minimum temperature 7 °C.
