business Coronavirus

Number of firms on Covid support in January highest since June 2020

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www.rte.ie

Almost half of businesses surveyed by the Central Statistics Office had employees either on the Pandemic Unemployment Payment (PUP) or the Wage Subsidy Scheme (WSS) in January of this year.

46.6% of almost 243,000 firms across a range of sectors were in receipt of some form of support. This compares to a peak of 57% of firms in April 2020 and a low point of 30% last September.

In January, just over one in five, or 21.5%, of enterprises had all of their employees on the PUP. Hairdressers and beauticians were the businesses with the highest number of all employees on the PUP, at 40%.

Another 58.3% of businesses in the sector had at least 75% of their staff on some form of Covid support. 14.7% of large businesses, defined as 250 employees or

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