Taoiseach: Spate of job losses are ‘biggest tragedy’

THE spate of job losses are the “biggest tragedy” of the recession, Taoiseach Brian Cowen said.

He pledged that the Government would continue to deploy every means at its disposal to help minimise the impact of the credit crisis and global downturn on employment here.

Specifically, Mr Cowen said the Government planned to create an additional 51,000 training places for the newly unemployed.