Written answers

Wednesday, 20 April 2005

Department of Enterprise, Trade and Employment

Job Creation

9:00 pm

Photo of Enda KennyEnda Kenny (Mayo, Fine Gael)
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Question 112: To ask the Minister for Enterprise, Trade and Employment the action he intends to take to provide alternative employment for those in the banking sector facing redundancy; and if he will make a statement on the matter. [12071/05]

Photo of Tony KilleenTony Killeen (Clare, Fianna Fail)
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FÁS, through its employment service, provides a range of services to employers and employees including job placement. FÁS, in co-operation with the relevant employers, will be available to assist employees in the banking sector to source alternative employment opportunities.

However, it should be noted that employment in the private market services sector, which includes business and financial services, is estimated in the FÁS-ESRI employment forecast to grow from 386,000 in 2001 to 540,000 in 2010. This should ensure favourable employment opportunities in the financial services sector going forward.

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