Local Fine Gael TD, Marcella Corcoran Kennedy has said that the positive Exchequer returns and Live Register figures published today (Wednesday) show that our economic recovery is taking hold.
“This Government was elected on a plan to fix the economy, and get our people back to work, and the latest figures on tax returns and on the number of people on the Live Register show that plan is working. The stabilisation in the public finances is of course being helped by the fact that more and more people are returning to employment.
“The number of people on the Live Register has now fallen for every month for the last two years; that is significant progress but we cannot allow ourselves to take our foot off the pedal. The number of people signing on has fallen by 8.4%, bringing the Live Register figures to their lowest level in more than five years.
Deputy Corcoran Kennedy says the next step is to push ahead with measures to tackle long-term and youth unemployment.
“People who have been out of work for more than a year account for almost half of those on the Live Register. Since Pathways to Work was launched in 2011, 46,000 long-term unemployed people have returned to work. But we need to constantly ensure activation programmes are as targeted as possible, so we can continue this progress.
“The Exchequer figures for June are encouraging and show that the sacrifices of the Irish people are starting to have real benefits for the economy. We are getting closer to a situation where we will no longer have to borrow money to run our schools and hospitals. I hope that if the public finances continue to perform well for the rest of the year we could be in a position to give back a little in terms of tax relief in the Budget.
“We know that many people have yet to feel the recovery. The Government is determined to build on the progress evident in today’s figures to make sure that recovery is felt in every part of the country,” she concluded.