The head of ISME Mark Fielding has said a cut in the minimum wage would be "good for Ireland".
His comments come after the Taoiseach Brian Cowen said any cut "can create jobs for unskilled or semi-skilled people".
It comes as the Live Register figures see a third consecutive fall with 438,800 people now unemployed - down by 4,200 on October.
Mr Fielding said a cut in the minimum wage is "the right move".