Inequality: ‘Risk of poverty’ in the RoI. April 28, 2016Posted by WorldbyStorm in Uncategorized.
After transfers, the “at risk of poverty” rate is higher than in such states as the Czech Republic (8.6 per cent) and France (13.7 per cent).
However, if there was no social welfare system, with all citizens dependent on the wages and the support of family, the at-risk rate would be a staggering 49.8 per cent – topped only by Greece, where the rate before transfers would be 53.4 per cent.
In practical terms:
Consistent poverty rates increased, from 7.7 per cent in 2012 to 8 per cent in 2014.
That translates as 368,440 people in consistent poverty – ie living on an income below 60 per cent of the median and also unable to afford such basics as a second pair of strong shoes, a warm winter coat, sufficient heating to be warm at home or to have friends or family over for a meal once a month.
Of the almost 370,000 experiencing such privation are an increasing number of children. In 2014, one in eight children (11.2 per cent) were in consistent poverty.