Monday 1 May 2017

More jobs but at less pay leads to rise of working poor

As a third tier in our economy emerges, a new underclass is in danger of being created, writes Marc Coleman

Rules which favour the wealthy are unlikely to change
Rules which favour the wealthy are unlikely to change
Marc Coleman

Marc Coleman

THREE years into its term of office and the Government is taking stock.

It's a difficult and detailed affair, this stocktaking business. Best done without any distractions. And what with the assembled crowned heads of Europe in Dublin and drama unfolding in the Ukraine, it is a week full of distractions. Distractions from some important if not alarming details about where our economy is going.

As the spectre of war haunts Europe, a spectre of a different kind is about to haunt our economy: the spectre of the working poor.

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