Ciarán Lynch (Cork South Central, Labour)
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I thank the witnesses. While the committee may have had some reservations regarding the timing of the presentation, I believe the content is very detailed, and other members may be of the same view.

The ESRI uses the HERMES models, but I would like to hear what models the Department uses. The ESRI was predicting an unemployment rate of 16% for 2014 about three years ago. That is not the case now and we are witnessing a drop of almost 1%. What differentiates the Department from the ESRI?