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Income supports 'significantly' mitigated impact of Covid on incomes - research

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www.rte.ie
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Joint research by the Central Bank and the Central Statistics Office has found that without the PUP and wage subsidies, household incomes would have fallen by 20% in the second three months of last year due to Covid-19.

The research finds that with the support of the PUP and wage subsidies, median gross household income fell by 1.7% in the months from April to June compared to the same period in 2019.

Incomes actually rose by 3% in the months from July to September. Income supports were found to be most beneficial to lower income households.

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Covid-19.rehab - the latest news concerning the spread of the SARS-CoV-2 coronavirus (formerly 2019-nCoV), as well as the infectious disease that it causes COVID-19, in separate countries and in the world as a whole. Current news on the topic of coronavirus SARS-CoV-2. Quarantine, pandemic 2020, epidemic: what is it, when will it come to end, precautions and how to protect yourself from this disease. The most honest news, no fakes! To keep up with the latest news, stay tuned for updates on the site! Every day we will collect news and statistics on coronavirus from around the world for you to be aware of this topic.

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