Oireachtas Joint and Select Committees

Thursday, 23 November 2023

Public Accounts Committee

Appropriation Accounts 2022
Vote 45 - Department of Further and Higher Education, Research, Innovation and Science
Financial Statements 2022: National Training Fund
Report on the Accounts of the Public Services 2022
Chapter 19: National Training Fund

9:30 am

Mr. William Beausang:

A trend will always be evident as regards spend from the National Training Fund, depending on where we are in the economic cycle, in comparing spending on training for those in employment and those seeking employment, who are obviously people who are currently unemployed. I take the point there is still a significant number, but that is what economists would probably describe as the level of unemployment you would always see, even when the economy is at full employment.