Oireachtas Joint and Select Committees

Thursday, 7 May 2015

Committee of Inquiry into the Banking Crisis

Nexus Phase

Mr. John Beggs:

For instance, one of the things that was absent from the information given to us was, well, what's the change in employment as a result of this, because when the economy shrinks, it is possible to get an increase in unemployment simply because the labour supply keeps rising and you lose no jobs. So, you had to understand what actually happened. The model would give you a consistency to this.

Comments

No comments

Log in or join to post a public comment.