Get all your news in one place.
100's of premium titles.
One app.
Start reading
Irish Mirror
Irish Mirror
National
John Patrick Kierans

Government must publish full estimate of Brexit job losses as unemployment fears grow, TD claims

The government must publish their full estimate of how many jobs will be lost to Brexit, a TD has claimed.

Responding to the estimate that 10,000 jobs could be gone in the tourism and hospitality industries, Labour leader Brendan Howlin also called for an outlined plan to preserve jobs in the event of a no-deal Brexit.

He said: “It is incredible to hear reports that members of the government were ‘taken aback’ by the severity of the potential jobs losses from a hard Brexit.

Brendan Howlin and Leo Varadkar (Stock images)

"Has Fine Gael not taken this threat seriously up until now? Last year, Paschal Donohoe warned that a hard Brexit could cause a drop of 4% in GDP and 40,000 job losses. What is Fine Gael’s plan one year later to preserve these jobs?

“In the first instance, the government should immediately publish the full extent of their estimates for potential job losses across different sectors.

"Labour has also been calling for months for the government to name the amount of money that will be available, from Irish and European sources, as a Brexit contingency fund specifically to preserve jobs.

(L to R) Minister of State at the Department of Finance Michael D'Arcy TD, Minister for Finance and Public Expenditure & Reform, Paschal Donohoe TD & Minister of State for Public Procurement, Open Government and eGovernment Patrick O'Donovan TD (Gareth Chaney/Collins)

“Labour’s proposal is that there should be direct supports for businesses to help them preserve jobs, for example through subsidising short-time working or other ways of keeping as many people as possible in employment.

"We know from the 2008 crash that it is much easier to keep existing jobs and businesses than to create new ones."

(AFP/Getty Images)

He added: “The effect of any hard Brexit will be immediate, and therefore all the more severe than 2008, as businesses’ ability to trade with the UK will be here one day, gone the next, with tariffs, paperwork and potentially regulatory issues all adding additional costs to imports as well as exports."

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.