Discuss the different ways in which the Irish Government affects the labour force in Ireland. - Leaving Cert Business - Question C - 2010

The government influences disposable income through taxation policies. For instance, lower income tax rates leave consumers with more disposable income, thereby increasing demand for goods and services and ultimately leading to higher production and job creation.

Changes in VAT rates, such as the reduction to 21% in December 2010, promote business activity. Additionally, corporation tax policies encourage both domestic and foreign companies to create jobs, enhancing the labor market.

Government investments in infrastructure, like the building of new roads and schools, generate jobs in the construction sector. This not only provides immediate employment opportunities but also supports long-term economic growth.

These agreements help stabilize business costs, allowing wages to be structured predictively. This facilitates better financial planning for businesses, which can create job stability.

The Irish Government invests heavily in education and training initiatives, aiming to enhance the skill set of the workforce. Programs through FAS (now SOLAS) teach skills to job seekers, promoting a more employable workforce.

The government offers grants to attract foreign companies, intending to establish their operations in Ireland. Initiatives like the European Globalization Fund provide financial support to ease the transition for employees affected by large structural changes.

The push for integrating IT in educational curriculums ensures that the labor force is equipped with necessary tech skills. This preparedness makes workers more competitive in a technology-driven job market.

Regulation of utility charges impacts businesses directly. For example, affordable electricity can lower operational costs for industries, thereby allowing them to expand and hire more workers.

The government implements legislation that creates a framework for fair employment practices and resolves disputes. Policies like the Employment Equality Act help foster a more inclusive workforce.

Through initiatives like the establishment of CEBs (County Enterprise Boards) and Business Innovation Centers, the government supports new entrepreneurs. This aids in job creation and stimulates economic growth.