Fifty thousand furloughed staff in NI could end up losing their jobs

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By Q Radio news

It's estimated that as many as FIFTY THOUSAND people currently on furlough in Northern Ireland  - could lose their jobs permanently.

Stormont's Economy committee was given the news  this morning by specialists at Ulster University's economic policy centre.

It believed as many as a quarter of the 220 thousand people thought to have placed on the government's Job Retention Scheme could end up being made redundant.

The experts believe a good senario for the Northern Ireland economy to recover would be would be three years  - a middle of the road scenario would be about four years while a bad scenario would stretch to around five years.


 

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