The latest gloomy predictions for Brexit show that lower paid workers and rural areas will be hit the hardest.
The prognosis for a hard Brexit is that everyone will get a hit, with wages being knocked by 8.7 percent for lower skilled workers, and 6.5 per cent for high-skilled workers. A softer Brexit mitigates most of the damage according to Copenhagen Economics, the authors of this latest report.
The report warns that rural Ireland will be particularly exposed in the event of a hard Brexit, with processed foods output falling by between 10 and 20 percent by 2030, with employment dropping proportionately.
The food industry is the most exposed sector of the economy to Brexit - that’s the main talking point.
