I propose to take Questions Nos. 30 and 37 together.
The recent increase in the level of unemployment among under 25s can be attributed to a combination of factors.
The number of new extrants to the labour force continues to exceed the number retiring from the labour market. There has been a sharp fall in the numbers emigrating to the United Kingdom and the United States due to the downturn in these economies.
In addition there has been a significant increase in the numbers returning from abroad due to the deterioration in the employment situation in several countries. It is clear from these developments that the increase in unemployment is not unique to this country but is part of a more global trend.
However, a major strength in our case is that the economy is well poised to capitalise on the pick-up in world trade which is becoming evident of late after the disruption and temporary lack of confidence caused by the Gulf crisis.