Second Covid-19 lockdown could result in 20% unemployment by year's end says ERSI

That is the worst case scenario outlined in the latest quarterly economic research by the ESRI.

The institute is forecasting the largest recession in Irish history, with GDP falling anywhere between 8.6% and 17.1%.

A second lockdown could see 20% of people unemployed by the end of the year.

That is the worst case scenario outlined in the latest quarterly economic research by the Economic and Social Research Institute (ESRI).