Ireland lockdown: 150,000 job losses expected as restrictions tighten - Business Insider

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Ireland is imposing one of Europe's strictest coronavirus lockdowns, and the government expects 150,000 people to lose their jobs within days

Ireland is closing all non-essential retailers from Thursday, and restaurants and bars can only provide takeaway service.The Irish government said Monday night that the country would move into its highest level of lockdown restrictions at midnight on Wednesday.The government estimates about 150,000 people will lose their job in the coming days.

Starting Thursday, non-essential retailers will shut and people are asked to remain at home whenever possible, with a 5-kilometer travel limit for exercise. Social or family gatherings in homes or gardens will be banned.The lockdown, similar to the one imposed in March, will last six weeks. He said it would cost around €200 million per week to support the economy through employment benefits and grants.

Prime Minister Micheál Martin said in a televised speech that the country already has "what is probably Europe's strictest regime," but that current measures were not enough to suppress the virus.

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