Oireachtas Joint and Select Committees
Wednesday, 28 September 2022
Joint Oireachtas Committee on Jobs, Enterprise and Innovation
Cost of Living, Minimum Wage Increases and Report of Low Pay Commission: Discussion
Marie Sherlock (Labour) | Oireachtas source
None of that appeared in the recommendations, Mr. Courtney. It is a real concern that the commission does not reflect in its recommendation that there may have to be future changes to the minimum wage rate.
I wish to ask about engagement with research. Earlier Mr. Courtney said that the ESRI had forecasted an inflation increase of 4% for next year. Has the Low Pay Commission factored in that when the ESRI forecasted 4% that the institute believed the percentage reflects the base effect of a radical increase in inflation in 2023?
I am confused as to why the commission would knowingly recommend a real pay cut in the face of the forecasting that the ESRI proposed for this year and for next year.