Thursday, 10 April 2008

Questions (64)

Leo Varadkar

Question:

61 Deputy Leo Varadkar asked 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]

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Written answers (Question to Minister for Finance)

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.