1,600 restaurant workers lost jobs in Ireland due to minimum wage, VAT, and social insurance rate increases.
1,600 restaurant workers lost jobs in Feb due to increased minimum wage, VAT, and social insurance rates in Ireland. The Restaurants' Association of Ireland (RAI) reports 71 establishments closed, leading to 1,562 job losses. The Irish Tourism Industry Confederation (ITIC) predicts €1.4bn in additional payroll costs by 2026 due to government policies, requiring mitigation measures to ensure industry viability.
March 21, 2024
6 Articles