Five key takeaways from IBEC’s quarterly outlook
The employer’s group has noted the devastating impact of the pandemic and has cuts its growth forcast as a result, but it also believes Ireland is well-placed to recover if the vaccine rollout is successful
The message from Ibec’s latest quarterly forecast is clear – things may seem pretty awful right now but there are significant reasons for hope.
With over 650,000 people unemployed, a further 310,000 reliant on wage subsidies and a sluggish vaccine rollout, businesses certainly don’t have far to look for evidence that all is not well.
Ibec believes the current Covid-19 restrictions mean these worrying unemployment figures will continue into the second quarter, prompting the ...