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20/10/2021

Kilkenny TD John Paul Phelan - Disposable household income is on the rise

New CSO data shows that disposable income in Kilkenny households is on the increase and that it grew by 2.5 per cent in Kilkenny between 2013 and 2014, according to Fine Gael TD, John Paul Phelan.

The Fine Gael TD commented on the data stating, “We are seeing the evidence of this in the latest Enterprise Ireland figures, which show that 480 new full and part-time jobs were delivered in 2016 by the Kilkenny LEO-supported small businesses. These businesses support a total of 1500 jobs here in Kilkenny. No doubt they will benefit from this increase in household disposable income locally, and we will see further jobs created by small businesses.

“The increase in disposable income obviously has a positive knock-on effect here in Kilkenny as people have a little more money in their pockets, which is good news for local businesses and services.

 Mr. Phelan concluded that it is all down to the steady increase in jobs, “This positive development is thanks to our growing economy, which has seen more people back at work. Unemployment has fallen to 6.6% down from a high of 15.2% back in 2011

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