The Irish Central Bank has warned of major job losses in Ireland in the case of a no-deal Brexit
. In its latest quarterly bulletin
, the Central Bank forecast that there would be 34,000 fewer jobs by the end of 2020 and 110,000 fewer jobs over the coming decade. Under a standard scenario, real GDP growth is expected to fall from 4.9 percent this year to 4.1 percent in 2020.
In the case of a disorderly Brexit
, however, real GDP growth will fall from 4.5 percent in 2019 to just 0.7 percent in 2020. Growth in employment will be 1.7 percent under a standard scenario and 0.4 percent in 2020.