EC2112: In The Wake Of The COVID-19 Pandemic There Are Major Concerns Regarding The Helping Employment: Supplementary Assignment, UOL, Ireland

In the wake of the COVID-19 pandemic, there are major concerns regarding the helping employment levels among low-skill workers. As a result of this, you have been appointed an official economic advisor of Ireland. With the ending of the PUP payment and the returning of many services, the Irish government is looking for a way to help promote employment among low-skill workers. They are considering the introduction of a new living wage bill in order to incentivize people to take up a job.

The introduction of the living wage would mean the new minimum wage rate in Ireland would be changed from its current rate to €12.30 per hour. The aim of this policy is to help to increase employment levels among low-skill workers after the COVID-19 crisis. The Irish government wants you to draft a report informing them whether this is a good or bad strategy for increasing employment levels among low-skill workers. The Irish government encourages you to use any valid data and evidence which you feel may further support your arguments in this report.

The government of Ireland wishes to inform you that they expect you to provide explicit reasoning for the critiquing or advocation of certain policies i.e., state exactly why you agree or disagree with the living wage bill. You should outline the potential consequences which may occur as a result of the strategy and discuss what consequences this could have for Ireland.

Finally, you should suggest which course of action you feel is most appropriate.