Written answers
Thursday, 9 February 2017
Department of Finance
Job Creation Data
Bernard Durkan (Kildare North, Fine Gael)
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70. To ask the Minister for Finance the estimated number of jobs projected to be created for the next five year period; and if he will make a statement on the matter. [6640/17]
Michael Noonan (Limerick City, Fine Gael)
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The table sets out my Department's Budget 2017 employment projections.
Overall, it is forecast that approximately 190,000 net additional jobs will be created over the five year period from 2016 to 2021. For this year, employment growth of 2.1 per cent (almost 45,000 jobs) is projected. For next year, employment gains of 2.1 per cent (approximately 40,000 jobs) are anticipated. Over the remaining three years of the forecast horizon to 2021, employment growth of 1.6 per cent on average per annum is projected (equivalent to an average of approximately 35,000 jobs per year).
2016 | 2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|---|
Total Employment ('000)^ | 2015 | 2060 | 2100 | 2140 | 2175 | 2205 |
Source: Budget 2017
These forecasts will be updated in the context of the 2017 Stability Programme Update.
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