Dr. Thomas Conefrey:

I will add a little to that. It relates to the Deputy's previous question about multinational-driven growth. We know that a significant part of the growth in the economy is driven by what is happening on the export side. Companies that have high levels of productivity can increase their output substantially without increasing employment directly in line with that. That is part of what we are seeing in the multinational tradeable sector of the economy. It has increased up output hugely, but the effect on employment has been smaller.