Economic impact of the COVID-19 pandemic in the Republic of Ireland
Overview of the economic impact of the COVID-19 pandemic in the Republic of Ireland / From Wikipedia, the free encyclopedia
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The COVID-19 pandemic has had a deep impact on the Irish economy, leading it into a recession. Essential public health measures announced by the Irish Government to contain the spread of COVID-19 resulted in the largest monthly increase in unemployment in the history of the Republic of Ireland during March 2020.[1][2] By 24 April, there were more than one million people in receipt of support interventions to the labour market, including those in receipt of the COVID-19 Pandemic Unemployment Payment and the COVID-19 Temporary Wage Subsidy Scheme.[3][4] While there were job losses in all sectors, individuals working in tourism, hospitality, food and retail have seen the largest job losses.[5][6]