Results 5,781-5,800 of 16,492 for speaker:Ciarán Lynch

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: In layperson's terms, what people are focusing on this evening is drop of 1% in the predicted figure for next year's unemployment. As I mentioned, that is 2.5% below what the ERSI predicted a number of years ago. Where will those estimates come from? In which sectors will we see that increase?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: In what sectors or occupational fields will employment be created?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I want to move on. There is a strong difference between the services we provide and what we export. Exports are dropping because of the patent situation. My constituency and Deputy McGrath's constituency of Cork South Central are in the area in question. I am noting that some goods coming off patent, particularly in generic areas, are being manufactured by the same people who held the...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I have two final questions before I run out of time. First, what is this year's growth figure?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I refer the committee to the slide on stabilisation and core retail sales. The graph shows a positive trend. The retail sector employs perhaps 250,000 people in the domestic economy and, although we are hearing a lot of external positivity, the main concern is growth in the domestic economy. What are the growth figures in retail? What products or services have those been in? Is it white...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I do not wish to make the witnesses give a tight prediction, but the fact that the beginning of the budget cycle has moved to October has a significant impact on the retail cycle and there is an expectation that consumer sentiment and confidence will grow after the budget, given that we are going into the final quarter which takes us to Christmas, always the best quarter for retail. Is there...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: The sector has been lobbying this House for a number of years to move the budget cycle to earlier in the year so that the Christmas sales period is elongated and it is not just something that happens quickly after the budget, after which Christmas arrives and they go into the sales period.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I call Deputy O'Donnell who has ten minutes.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: When I say ten minutes, I mean that his session ends in ten minutes. Therefore, the last question cannot be asked at nine minutes and 59 seconds.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: I am afraid the Deputy is over time.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: What about aviation services?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: The Deputy can ask it anyway.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: Can we deal with two points before Deputy Twomey contributes? One is a figure that hops off the page but which was not drilled into in the presentation. The other concerns the employment figures. My understanding is that people are still registered as social welfare recipients if they are in the JobBridge programme. Given that it has a 65% success rate in putting people into employment,...

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: We are almost starting from a stopped position.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: Is that the real economy to which we refer?

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: The Deputy should be brief.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: It is very pertinent but it is not a short question.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: Mr. McCarthy has indicated that he will reply in writing to any further questions from the Deputy.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: Yes, there are the likes of the JobBridge activation schemes, etc.

Joint Oireachtas Committee on Finance, Public Expenditure and Reform: Macroeconomic Forecasting: Discussion with Department of Finance (8 Oct 2013)

Ciarán Lynch: My understanding is a person must be on the live register to qualify for these schemes.