MSG Marketing

MSG Marketing Examine The Impact of 4,000 Public Sector Jobs Go In Northern Ireland

 

Belfast, Northern Ireland -- (SBWIRE) -- 02/01/2012 -- Four thousand public sector jobs have gone in Northern Ireland in the last year. However, Northern Ireland is faring better than any other UK region according to analysis from consultants PricewaterhouseCoopers.From a starting point of 227,000 public sector workers in Northern Ireland, the job losses mark a reduction of 1.8%. MSG Marketing entered the Belfast market in June 2011 and has experienced massive growth.

The Managing Director comments on the above statistics saying, ‘in certain sectors there has definitely been a substantial drop in jobs. Our clients have been thrilled with our results, with the amount of new paying customers we provide them. The economy certainly is harsh, but here at MSG Marketing, we are continuously growing!’

MSG Marketing, in Belfast City Centre is expanding and decided to take on a new client in the entertainment industry. A source from MSG Marketing said, ‘unlike most sectors we are in a fortunate position as there will always be a need for what we provide our clients.’ Between December 2009 and June 2011, UK public sector employment fell by around 290,000.This was offset by around 600,000 new private sector jobs, but PwC said the majority of these appear to be part-time.

In Northern Ireland the public sector is still faring much better than the private sector, where job losses have been severe. New analysis by Ulster Bank economist Richard Ramsey reveals that Northern Ireland's private sector has shrunk back to a level last seen in 2003. Going backwards in economic development is never a good sign for the people of Northern Ireland. The statistics are not encouraging! The Managing Director of MSG Marketing wonders if this job loss will stop, going into 2012. ‘The 2012 Olympic games will provide some relief for people around the country, and will hopefully spread to Northern Ireland in some way,’ continues the MD of MSG Marketing.

Recent figures released from the Department of Finance and Personnel have painted a gloomy picture of key parts of the private sector such as construction, production and services.A combination of these figures gives an overview of how the private sector in general is performing.Output has shrunk 17% since a peak four years ago and now sits at a level not seen since 2003, meaning the private sector in Northern Ireland has effectively lost eight years of growth.

The weakness of the private sector combined with ongoing cuts in the public sector means the current jobless total which tops 60,000 is likely to continue to rise in the months ahead. ‘This is not going news for the people of Northern Ireland going into the Christmas season,’ Continues the MD of MSG Marketing.

MSG Marketing was established in 2009 to service an identifiable gap in the market, and has gone from strength to strength. Offering their clients unparalleled face to face customer acquisition teams throughout the UK and Europe, they strive to provide efficient, transparent and unique procedures to ensure outstanding results for theirclients. This company will definitely see a productive 2012 with the work ethos the Director talks about and stands by.