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Listen: Finance Minister Says It Would Be A "Hollow Victory" If The Wage Subsidy Triggered A Rise In Unemployment.

: 07/03/2020 - 12:33

The Finance Minster says it would be a "hollow victory" if ending the temporary wage subsidy scheme triggered a rise in unemployment.

The top-up scheme and pandemic unemployment payment are due to run out in mid-August.

640,000 businesses have registered for the initiative which was set up in March in response to the Covid-19 pandemic.

Finance Minister Paschal Donohoe says it is a careful balance to strike:

newstalk0845821.mp3, by Ciara Plunkett

 

File image: RollingNews

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