Younger people are more likely to suffer from financial hardship when Covid-19 State supports are ceased, according to new research published by the Economic and Social Research Institute (ESRI).
In its latest publication, the ESRI also said that the estimated average income loss for households was more than halved as a result of pandemic payments.
The report also stated that not all those with weak financial incentives to work will opt for unemployment or inactivity, and that the vast majority of PUP recipients (over 95%) would be financially better off in employment.
Students will not be entitled to pre-existing unemployment supports following the withdrawal of the Pandemic Unemployment Payment and the Employment Wage Subsidy Scheme later