Written answers

Thursday, 10 April 2008

Department of Finance

Unemployment Levels

5:00 pm

Photo of Leo VaradkarLeo Varadkar (Dublin West, Fine Gael)
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Question 61: To ask the Tánaiste and Minister for Finance if, in view of the fact that unemployment is increasing at a much faster rate than the Government projected, he has revised his projections for the live register and the standardised unemployment rate; and if he will make a statement on the matter. [13751/08]

Photo of Brian CowenBrian Cowen (Laois-Offaly, Fianna Fail)
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I am aware of recent upwards pressures on this forecast. As is the norm, the unemployment forecast made at Budget time will be formally reviewed later this year in the Pre-Budget Outlook in the light of more complete data at that time. While I will continue to monitor the position closely over the coming months, I do not propose to re-cast the forecast at this stage.

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