Dáil Éireann Debate, Tuesday - 28 March 2017
128. Deputy Tony McLoughlin asked the Minister for Finance the estimated number of jobs projected to be created here, and particularly in counties Sligo and Leitrim, for the next five year period; and if he will make a statement on the matter. [14982/17]
Amharc ar fhreagraMy Department's most recent macroeconomic forecasts were published with Budget 2017 in October last year. The following table sets out the total employment projections from these forecasts. My Department does not produce regional macroeconomic forecasts.
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 (approximately 45,000) is projected. For next year, employment gains of 2.1 per cent (approximately 40,000 jobs) are also 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).
|
Employment Projections |
2016 |
2017 |
2018 |
2019 |
2020 |
2021 |
|
Total Employment ('000)^ |
2020 |
2060 |
2100 |
2140 |
2175 |
2205 |
|
^ nearest 5,000. |
|
|
Source: 2016 CSO, 2017-2021 Budget 2017 |
These forecasts will be updated in the context of the 2017 Stability Programme Update which will be published in April.
