Fine Gael’s Jobs Plan

4th November, 2010

Fine Gael’s NewERA Jobs Plan contains both short term and medium term measures to get our country back to work. The Fine Gael Jobs Plan is built around short term measures to take up to 40,000 people off the Live Register in one year and our NewERA investment programme to build a range of new infrastructure networks while also creating 105,000 jobs over four years

Short Term Measures – Fine Gael’s plan to create and sustain jobs now

HOW IT WORKS:

WORKSHARE – 10,000 JOBS RETAINED
We need to save as many jobs as possible. This scheme would provide
government support for enterprises and their employees that opt for
short-time working instead of redundancies. Benefits will include keeping
people off welfare and involved in the work place making it easier for
people to return to full time employment. Training would be provided
during off time.

NATIONAL INTERNSHIP PROGRAMME – 13,000 PLACES
Part-time placements in the public service, private and voluntary sectors
for unemployed graduates with funding for masters or higher
qualification. These would include teaching interns in schools, nursing
interns in hospital, interns in local authorities and Government
Departments etc. They would use a €3000 education voucher to buy a
place in college to study for a masters or additional qualification the rest
of the week.

SECOND CHANCE EDUCATION SCHEME – 10,000 PLACES
Back to Education scheme targeted at youth unemployed with no Leaving
Cert or non-construction qualifications. Participants would get 2/3 of the
minimum wage as well as a cost of education allowance of €500 per
annum. A bonus of €3,000 will be paid on completion of the qualification.

APPRENTICESHIP GUARANTEE – 700 PLACES
We would mandate the OPW to take on redundant apprentices for direct
Labour projects carried out by government and local authorities.

COMMUNITY EMPLOYMENT (CE) SCHEMES – 5,000 PLACES
We will increase the number of CE schemes by 5,000. Priority will be
given to young people who are unemployed.

OTHER JOB PLANS
Fine Gael has produced a range of other ambitious and radical job
creation policies across a number of areas such as job tax cuts, reform
of the education sector and protecting the capital budget.

Medium Term Measures – €8bn invested by NewERA over 4 years will make Ireland competitive while creating over 100,000 jobs

HOW IT WORKS:

A NEW ECONOMY
NewERA is an economic stimulus plan that will radically reshape the Irish
economy for the challenges of the 21st Century.

NEW JOBS
105,000 new jobs will be created during the four year construction phase
of the plan. But many more jobs will be created in the long term as the
benefits of world class internet, energy and water networks pay off.

NEW INVESTMENT
€18.2 billion will be invested in energy, communications and water
infrastructure over four years to boost long term competitiveness,
significantly enhance energy security and roll out high speed broadband
across the country.

OLD ASSETS FOR NEW
NewERA will actively manage a portfolio of new State companies to make
the sector as a whole leaner and more focused. By selling non-strategic
assets we can invest the proceeds back into new infrastructure that the
country badly needs.

NEW FINANCING
In addition to the sale of old, non-strategic State assets, NewERA will be
financed through a mix of new commercial borrowing by new semi-State
companies, the European Investment Bank, and the National Pension
Reserve Fund which will be replenished over time.
For details click here