As Dublin returns to lockdown for a minimum of three weeks, a new economic report released today shows that 33,000 of the capital’s accommodation and food service jobs*, which include jobs in drinks and hospitality businesses like pubs, hotels, and restaurants, could be lost by the end of the year without additional supports from government.
The report, commissioned by the Drinks Industry Group of Ireland and carried out by DCU Business School economist Anthony Foley, shows that the 15-24 age group, which comprises nearly a third of all accommodation and food service employment in Dublin, is particularly exposed and could suffer 10,600 job losses before the end of 2020.
The report suggests that as many as 63% of all accommodation and food services jobs in Ireland, 114,000 in total, which includes jobs in pubs, restaurants, and hotels, could be lost by year’s end without further supports. This includes 36,300 jobs among the 15-24 age group.
Liam Reid, Chair of DIGI, said: “Dublin’s lockdown, and further restrictions on restaurants and pubs serving food, will have grave material consequences for thousands of livelihoods, hundreds of businesses and local communities, and Ireland's long-term economic prospects.