Oireachtas Joint and Select Committees
Wednesday, 7 November 2012
Joint Oireachtas Committee on Finance, Public Expenditure and Reform
Statement of Strategy 2011-2014: Discussion with Department of Finance
3:15 pm
Liam Twomey (Wexford, Fine Gael)
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I will discuss some of the elements raised by Deputy Boyd Barrett. A reduction in unemployment usually lags behind economic recovery. If growth this year is as low as predicted, if it drops to approximately 1% next year and the pattern continues into the beginning of 2015, is it possible that unemployment could remain at the high current rate for the next two to three years?