Our income divide will shape the election in two major ways
It’s not all high-flying IT and finance professionals – 60 per cent of workers in Ireland earn less than €30,000 a year and income and social class are a big influence on how people cast their ballot
Two stand-out features of Ireland’s labour market are likely to influence how people vote. First, the country has one of the highest levels of market income inequality in the OECD. This is because there is a very large low-wage sector. Almost 22 per cent of those in full-time employment are classified as low paid.
Second, existing beside this low-wage sector is a very high-paid sector in internationally traded services. These two cohorts of voters...
Subscribe from just €1 for the first month!
With any subscription you will have access to
Unlimited multi-device access to our iPad, iPhone and Android Apps
Unlimited access to our eReader library
Exclusive daily insight and opinion seven days a week
Create alerts to never miss a subject that matters to you
Get access to exclusive offers for subscribers on gifts and experiences
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Ireland should not attract multinationals through tax policy, former US Treasury Secretary says
There has been an excessive attraction to locate in Ireland coming from tax arbitrage, according to Larry Summers
Young people worst hit by Covid-19 related unemployment
The crisis left nearly a third of 20-24-year-olds unemployed and not in education or training, according to the ERSI
Eugene Kiernan: Inflation and high prices? Probably. But don’t panic, it’s temporary
Many economists are raising alarm bells in the US over how high prices will go and for how long, but companies themselves are taking a more sanguine view
Total wealth of Irish households rose by €49bn in 2020
Figures released by the Central Bank indicate gross household savings increased to €7.4 billion in the last three months of the year