BUSINESS COSTS HINDERING JOB CREATION

At the announcement of the monthly unemployment figures released by the CSO, today (30th August) ISME, the Irish Small and Medium Enterprises Association called on the Government to focus its attention on the rising cost of business, which is undermining job creation.The Association drew attention to the slowdown in job creation and the fact that Ireland’s economy is described as ‘high cost, rising slowly’ and our consumer prices remain over 20% above the euro area average.

RISING BUSINESS COSTS STILL A MAJOR CAUSE FOR CONCERN

While welcoming the increased Retail Sales figures for July, from the CSO, released today (29th August), ISME, the Irish Small & Medium Enterprises Association, cautioned against any excessive optimism, as the figures are still well below pre-crash figures. The Association called on Government to address the increasing cost burden on retailers, in insurance, rents and local charges, to ensure the continued employment of the 275,000 in the sector.