The Economic and Social Research Institute has described the Covid-19 outbreak as a major shock to economic life which is unprecedented in modern times.
In its latest Quarterly Economic Commentary, the think tank urges the Government to invest in social housing and retrofitting homes to stimulate the economy.
The ESRI said the Government should stimulate activity in the economy, which it expects to be "very fragile" in the short to medium term.
It expects unemployment this year to average 17%.
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