The Clare Champion Clare news, sport, entertainment and local notes
CLARE is among the counties hardest hit by the economic fall-out of the pandemic, a new report from the Central Bank and the Western Development has found. This county, along with eight others along the western seaboard, comprise what is called the Atlantic Economic Corridor (AEC). The research highlights the reliance in this county on very small businesses in sectors like tourism and cautions that this could affect economic recovery into the longer term. It also finds there are fewer job opportunities arising in Clare for those whose employment has ended due to Covid-19 restrictions. The report entitled, ‘The Regional impact of COVID-19: Western Region & Atlantic Economic Corridor,’ underlines the crucial role played by policies such as the Pandemic Unemployment Payment (PUP) and Employment Wage Subsidy Scheme (EWSS) in supporting household incomes and firms this county. “A concentration of jobs in consumer-facing sectors such as tourism and accommodation mean that workers in these counties have been adversely affected by …
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