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

Mr. Ultan Courtney:

I honestly do not know the answer to that because it is hypothetical. I will give the Deputy a short answer on that. As a commission, we would always have to take consideration of changing circumstances. We try to have the most up-to-date information available and try to read it in the best way we can going forward. I honestly do not know the answer to the question.

I would be concerned - Mandate has made this point too - in relation to doing more harm than good. What I mean by that is all of us start chasing inflation in the economy and we end up in a situation where inflation gets out of hand and we cannot control it.


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