Oireachtas Joint and Select Committees

Tuesday, 9 March 2021

Committee on Budgetary Oversight

Stability Programme Update: Economic and Social Research Institute

Photo of John LahartJohn Lahart (Dublin South West, Fianna Fail) | Oireachtas source

I am asking Dr. McQuinn to gaze into a crystal ball and that is difficult.

He went on to talk about the non-viable industries in the context of the 10% unemployment rate. What does the ESRI envisage emerging as non-viable industries? Dr. McQuinn talked about the consequences of long-term unemployment for the State payments. Marrying those issues together, namely, the long-term unemployment rate of 10% and non-viable industries, could he develop the point a little?

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