ESRI Concludes Minimum Wage Increase Doesn't Improve Poverty Rates
An independent economic think-tank says the minimum wage increase hasn't had much of an impact on household poverty rates.
The ESRI reports that the majority of people who are working in a job with a low hourly wage, live in households where others are earning nearer to the average income.
However, the findings of the ESRI report also concluded that even when low-paid workers are the sole earners, less than 20 percent of these fall below the EU's 'at risk of poverty' threshold.
Research Professor at the ESRI Tim Callan, is the report's author:
More from Cork
-
Lord Mayor Of City Felt Privileged To Represent Cork During Such A Difficult Time As He Faces Into Last Month In Office
Councillor Joe Kavanagh will be handing over the mayoral chains outside of City Hall for the first time ever on June 18th due to the pandemic
-
Expert calls for people to reduce meat intake
Eating too much meat can increase the risk of serious illnesses by as much as 30%.
-
International Care Day Is Being Celebrated At The Bessborough Centre In Blackrock Today
The event highlights the positive impact of the experience of young people in care
-
UPDATE: Teenage Girl Killed And Three Teenage Boys Injured In Knocknaheeny Crash
It's understood the teenage driver of the car fled the scene on foot
-
Angry Farmers To Stage Protest Outside Aldi in Mitchelstown Later
They're appealing to retailers to come to the talks table
-
UPDATE: Toddler Who Was Injured At Her Home On The Boreenmanna Road Has Died
The two year-old was rushed to hospital with traumatic head injuries