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Fri 03 Mar 2007Job losses highlight failings of welfare systemState support fails to address realities of labour market and does not deploy resources properly, writes David BeggThe depressing news of job losses at Procter and Gamble (P&G) and Thomson Scientific follows a series of similar announcements in recent months. In an overall context, this bad news has to be set against the reality that Ireland is creating 85,000 new jobs every year. Nevertheless, this is cold comfort to the people of Nenagh and Limerick this week, many of whom are probably at their wits end, wondering how to pay mortgages and raise families in the uncertain climate created by the globalised economy.