Economic Trends - Economic Trends Q1

Economic Trends - Economic Trends Q1 - 2024 https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/ en-us 11 Apr 2024 04:40:32 IST 11 Apr 2024 04:40:32 IST https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/rss.xml Newsweaver conor@corkchamber.ie (Cork Chamber of Commerce) support@newsweaver.ie (Newsweaver) 60 true Survey Results https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/14l9x7unxa5?lang=en?rss=true In the first Economic Trends survey of 2024, sponsored by PTSB, Cork Chamber asked members about their experience of the most recent business quarter and also for their views on the provision of childcare services in Cork and the impact it is having on their employees. [ https://www.youtube.com/embed/p4u0lPV7Oes ] 14 Apr 2022 12:00:00 IST 75e5a28e97aef58c1fc3e8caa3dba4e8 FEATURE_ARTICLE-clone-32694127-20220414-090757 In the first Economic Trends survey of 2024, sponsored by PTSB, Cork Chamber asked members about their experience of the most recent business quarter and also for their views on the provision of childcare services in Cork and the impact it is having on their employees.  [ https://www.youtube.com/embed/p4u0lPV7Oes ] Business Confidence https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/1t5c2scvvra?lang=en?rss=true Confidence in the Irish economy has dipped compared to Q1 2023. 77% of business respondents expressed a positive outlook regarding the economic outlook compared to 85% this time last year. Rising business costs (24%), housing supply (19%) and skills shortages (14%) were cited as the top reasons for lack of confidence in the economy. 05 Jul 2023 12:00:00 IST 70caa8a9a51ca2fa8f9bf60a4c159506 ARTICLE_1_COLUMN-clone-32694128-20220414-090440   Confidence in the Irish economy has dipped compared to Q1 2023. 77% of business respondents expressed a positive outlook regarding the economic outlook compared to 85% this time last year. Rising business costs (24%), housing supply (19%) and skills shortages (14%) were cited as the top reasons for lack of confidence in the economy. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/82/e54ba5cf71e6120be5fd55.jpg Childcare provision https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/1fwz29doshq?lang=en?rss=true Almost one quarter of respondents (23%) cited that the availability and affordability of childcare provision is impacting staff, with another 23% of respondents acknowledging they are unaware if it is an issue. In addition 63% either agree or strongly agree that childcare disproportionately affects women in the workforce. 19 Apr 2022 12:00:00 IST e21227b6c192ba39e82879f39f4ca9aa ARTICLE_1_COLUMN-clone-32694133-20220405-141712   Almost one quarter of respondents (23%) cited that the availability and affordability of childcare provision is impacting staff, with another 23% of respondents acknowledging they are unaware if it is an issue. In addition 63% either agree or strongly agree that childcare disproportionately affects women in the workforce. Childcare disproportionately impacts women in the workplace http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/4a/2c94515f6f3149b66a6ed8.jpg View more childcare provision stats https://www.corkchamber.ie/quarterly-economic-trends/ Employee outlook for 2024 https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/c75u807igft?lang=en?rss=true While 43% of business respondents report plans to increase employee numbers over the next 12 months, there has been slight rise in those planning to decrease employee numbers (rising from 1% last quarter to 7% in Q1). 19 Apr 2022 12:00:00 IST 35611b751973cbba1b71198bb260cc77 Two Column Articles - Hero Image While 43% of business respondents report plans to increase employee numbers over the next 12 months, there has been slight rise in those planning to decrease employee numbers (rising from 1% last quarter to 7% in Q1). http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/04/c382ba8dfa408aa72ec69e.jpg Top barriers to filling vacancies https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/1v1c6ej6tk4?lang=en?rss=true At the end of Q1, 49% of business respondents had vacancies advertised (41% in Q4). 42% of them were having difficulties in filling them (i.e. remaining unfilled for more than 3 months since initial advertisement) compared to 39% last quarter. 19 Apr 2022 12:00:00 IST 1d76dfc36d0f034b9306a80ae6e2d263 Two Column Articles - Hero Image At the end of Q1, 49% of business respondents had vacancies advertised (41% in Q4). 42% of them were having difficulties in filling them (i.e. remaining unfilled for more than 3 months since initial advertisement) compared to 39% last quarter. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/db/e13ad3951a0b3564268533.jpg Browse Full Results Online https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/ld89p8ysj0d?lang=en?rss=true View more stats and results from our latest Economic Trends, which capture a snapshot of business experiences and of the overall operating landscape at the close of Q1 2024. 19 Apr 2022 12:00:00 IST 0e6c9693efd6d33bd788f815f9a9b16f FEATURE_ARTICLE-clone-32694126-20220711-152607 View more stats and results from our latest Economic Trends, which capture a snapshot of business experiences and of the overall operating landscape at the close of Q1 2024. http://corkchamberofcommerce.newsweaver.ie/v3files/shard1/8881/9a/f4b21b06787ace4c856dae.jpg Browse results here https://www.corkchamber.ie/quarterly-economic-trends/ Charity winner https://corkchamberofcommerce.newsweaver.ie/92gv4l1ukx/jr7vpdhdkjn?lang=en?rss=true Meitheal Mara is this quarter's nominated charity to receive a €200 gift card. 17 Jan 2023 12:00:00 GMT 579898d9100ff50492f448283df08e8e FEATURE_ARTICLE-clone-32694126-20220711-152607 Meitheal Mara is this quarter's nominated charity to receive a €200 gift card.