PUP cost drops further as more staff return to work

The payment will be cut by €50 this week, and is due to be phased out in February of next year

14th November, 2021
PUP cost drops further as more staff return to work
Construction is one of the sectors where a shortage of workers has been reported. The reopening of the economy has led to the weekly cost of the PUP dropping from a high of €140 million last spring to under €20 million per week now. Picture: Getty

The government is set to cut the Pandemic Unemployment Payment by a further €50 this week.

The Business Post has learned that the numbers on the PUP have dropped from around 74,000 at the start of last week to 70,000 now.

But the highest PUP rate of €300 will be reduced to €250 on Tuesday, while those on the PUP rate of €250 a week will be reduced to €203 per week. Those who were...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Related Stories

Frontline workers to get €1,000 pandemic bonus

Spain pulls Genrui antigen tests after 1,350 Irish complaints over false positives

€348 million in Covid-19 business supports repaid to Revenue