Government unveils job creation plan

Taoiseach Enda Kenny at the launch of the Government's new action plan for jobs. Photograph: The Irish Times

Taoiseach Enda Kenny at the launch of the Government's new action plan for jobs. Photograph: The Irish Times

Fri, Feb 22, 2013, 00:00

The Government is to incentivise businesses to hire additional employees from the Live Register by funding 25 per cent of the costs of employing them.

As part of a new action plan for jobs unveiled today, the Government said the State would pay €1 of every €4 it costs an employer to recruit a long-term unemployed person.

The two-year JobsPlus scheme is one of seven "disruptive reform” measures designed to stimulate employment and boost the domestic economy.

The Government’s initiative contains 333 actions to be implemented in 2013 by 16 Government departments and 46 State agencies. The plan will see the IDA target 130 new investments in 2013, aimed at securing €500 million worth of foreign investment to help create 13,000 new jobs.

Enterprise Ireland will oversee a programme of supports for 155 “high potential and early-stage start-ups”.

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