With inflation soaring, how Ireland defines a living wage is crucial
The food budget for 2021 for a full-grown adult was €47 a week, less than €7 a day. Picture: iStock
The government have recently announced plans to introduce a ‘living wage’, though they seem to have redefined the concept.
The minimum wage is currently €10.50. The government’s ‘living wage’ hourly rate was recently announced as €12.17, set at 60% of median hourly earnings, with a vague plan (‘depending on economic circumstances’) to bring it in over the next few years.
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