Bernard Durkan (Kildare North, Fine Gael)
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Question 124: To ask the Minister for Enterprise, Trade and Employment the number of jobs expected to be created in 2008; the number of jobs expected to be lost in the same period; and if he will make a statement on the matter. [4427/08]

Micheál Martin (Cork South Central, Fianna Fail)
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Employment growth, i.e. the excess of jobs created over jobs lost, is expected to continue to be positive in 2008, though growing at a slower pace than in previous years. In the Budget Outlook employment is forecast to grow by over 1% (24,000) in 2008. Employment has increased by 247,300 in the three-year period since 2004 and the number of people in employment is now 2,140,900. It is generally accepted that this rate of growth could not continue and the economy is now entering a period of adjustment.