Warning over two-speed Covid recovery with 100,000 more unemployed

Picture: Sasko Lazarov/RollingNews.ie

The Irish economy will stage a gradual recovery this year but as many as 100,000 people already among the worst hit by the pandemic will not get their jobs back anytime soon, the Central Bank has warned.

Predicting a two-speed recovery, the Central Bank has, for the first time, put numbers on the long-term scar from the Covid crisis on unemployment.