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Women hardest hit by recession

Working parents have been hit hard by consecutive harsh budgets and austerity. According to new rese...
TodayFM
TodayFM

7:28 AM - 3 Oct 2014



Women hardest hit by recession

News

Women hardest hit by recession

TodayFM
TodayFM

7:28 AM - 3 Oct 2014



Working parents have been hit hard by consecutive harsh budgets and austerity.

According to new research from the Economic and Social Research Institute, households where both parents work have seen the biggest squeeze, with a 13 percent drop in disposable income since the recession took hold.

Women have fared worse - suffering a 15 percent drop - due partly to a 25 percent cut to child benefit over the five year period from 2009 to 2013, which is usually received by mothers.

The ESRI report also found that women were hit harder by adjustments to tax, welfare and public sector pay, because a higher proportion of women work in the pubic service and are more likely to be in receipt of a carers allowance.



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