Oireachtas Joint and Select Committees

Wednesday, 3 July 2019

Committee on Budgetary Oversight

Summer Economic Statement: Minister for Finance

Photo of Jonathan O'BrienJonathan O'Brien (Cork North Central, Sinn Fein) | Oireachtas source

This is more of a policy question than a financial question, but it is related. In the event of a disorderly Brexit, some sectors of the economy will be impacted more than others. We may see the increases in unemployment in particular sectors of the economy. What steps are we taking to ensure that the people in the sectors of the economy that will be most impacted will have the opportunity to transition easily?

One of the big effects of the previous economic downturn was the over-reliance on the construction sector and once that went bust, people did not have the skills or opportunities to transfer into other sectors of the economy. What planning are we undertaking to try to off-set such issues arising in the event of a disorderly Brexit?

Comments

No comments

Log in or join to post a public comment.