Report: Firms that hire new workers 'to get PRSI holiday'

It has been speculated this morning that the Government is to introduce a a PRSI holiday for companies that hire new workers.

Enterprise Minister Batt O'Keefe is to introduce the new measure in an effort to lower unemployment levels.

The initiave will cut around €3,000 off the cost of hiring new staff.

It will only apply to staff who have been unemployed for six months or more.