Advertisement

We need your help now

Support from readers like you keeps The Journal open.

You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to support our mission, but this year it has not been enough.

If you've seen value in our reporting, please contribute what you can, so we can continue to produce accurate and meaningful journalism. For everyone who needs it.

Shoppers on Grafton Street. Sasko Lazarov/Photocall Ireland

Despite being more confident about the economy, Dubliners are wary of setting up a business

The Your Dublin, Your Voice survey is the fifth of of its kind and set out to find how Dubliners are feeling about their current financial situation.

LESS THAN ONE in five people would consider setting up a business in the next two years, with women even less likely than men, according to a new survey by Dublin City Council.

The Your Dublin, Your Voice survey is the fifth of its kind and set out to find how Dubliners are feeling about their current financial situation.

Some 1,417 people responded to the survey which was carried out in December 2013 and took on the views of 38 different nationalities, although 92 per cent of respondents were Irish.

Here are some of the key findings:

  •  55% felt more confident about the Irish economy than a year ago.
  • A third of people felt they would be personally worse off next year.
  • Financial pressure was the biggest worry for 42% of respondents. Job security 17% and health 13%.
  • Just under half of all respondents indicated that the recession had had a major negative impact on their finances, this was especially true for those aged 46 – 65 years.
  • 85% worry about their household finances.
  • 36% of respondents indicated that they relied on family or friends to meet some day to day living needs.

The survey also asked respondents what they would most like to discuss with local election candidates on the doorsteps, with employment, the national economy, public transport and water being the most pressing issues.

The results showed various differences in the optimism among both men and women as well as people in different age groups.

46-65 year-olds were most likely to describe themselves as feeling ‘angry’ about the state of the Irish economy while 18-30 year-olds were more likely to be ‘hopeful’.

Women worry about their personal finances, are more likely to ask family and friends for financial help and were less likely to consider setting up a business.

Read: Men and women totally disagree on who decides what their family eats >

Read: Aldi reaches record market share, with Lidl not far behind >

Readers like you are keeping these stories free for everyone...
A mix of advertising and supporting contributions helps keep paywalls away from valuable information like this article. Over 5,000 readers like you have already stepped up and support us with a monthly payment or a once-off donation.

Close
8 Comments
    Submit a report
    Please help us understand how this comment violates our community guidelines.
    Thank you for the feedback
    Your feedback has been sent to our team for review.
    JournalTv
    News in 60 seconds