Oireachtas Joint and Select Committees

Tuesday, 30 April 2013

Joint Oireachtas Committee on Finance, Public Expenditure and Reform

Stability Programme Update: Discussion with Minister for Finance

6:05 pm

Photo of Pearse DohertyPearse Doherty (Donegal South West, Sinn Fein) | Oireachtas source

I fully contest that, but I want to move on to a question on unemployment. The Minister's last update, with which we must compare this, was in 2012. This time last year, the Minister estimated unemployment would be 11.7% in 2015. In this update, the Minister estimates it will be 12.8%. Given that the Government is suggesting that the action plan for jobs has been so successful, why does the Minister estimate that unemployment will rise compared to the figures presented last year? Is the Minister satisfied that over the lifetime of the Government his projections will see unemployment decrease by 2% and that, stretching right out to 2019, we will see an unemployment level of 11%?

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