28/04/2011
Poverty On The Rise In Ireland
According to a major international report poverty is on the rise among families in Ireland.
The OECD study highlighted the outcome as a result of the financial and banking crisis.
The report also pinpointed the the cost of childcare, taking on average 40% of a family budget, compared to just 20% in other countries.
Other problems listed included personal loans and utility bills.
The study reported that the high costs involved acted as a barrier to employment, especially for low-income single parents.
(BMcN/GK)
The OECD study highlighted the outcome as a result of the financial and banking crisis.
The report also pinpointed the the cost of childcare, taking on average 40% of a family budget, compared to just 20% in other countries.
Other problems listed included personal loans and utility bills.
The study reported that the high costs involved acted as a barrier to employment, especially for low-income single parents.
(BMcN/GK)
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