FÁS-ESRI have just published their occupational employment forecasts to 2005. At the beginning of the document, they draw on the ESRI Medium Term Review 1999-2005 to set out broad employment trends from 1990 to 2005.
ESRI identified the main contributors to employment growth between 1995 and 2000 to be: building and construction a 69% increase from 1995 to 2000; high-technology manufacturing; 52% increase from 1995 to 2000, for example, information technology, pharmaceuticals; market services; 34% increase from 1995 to 2000, for example, telecommunications, professional services.
While there is no reason to question the sustainability of the jobs created in these sectors in recent years, ESRI projects a slowdown in overall employment creation between 2000 and 2005 to 11%, compared to the 24% overall increase in employment from 1995 to 2000.
ESRI identifies high-technology manufacturing and market services as the main contributors to employment creation in the medium term future. It forecasts a much slower growth rate for employment in building and construction as "the sector reaches the point when it can largely cope with the ongoing level of demand".
As regards the supply of qualified personnel, the business, education and training partnership was set up in 1997 to develop national strategies to tackle the issue of skill needs, manpower needs estimation and education and training for business. The expert group on future skills needs is an element of the partnership. The partnership approach in general, and the expert group on future skills needs in particular have identified areas where action can be taken to ensure that skills needs are being addressed.