Self-employed are giving up
Between January 2011 and May this year there were 1,233 full- or part-time self-employed persons who stopped working because of lack of business.
During the same period there were a total of 3,204 self-employed who stopped working, including 256 who reached retirement age and 259 found other jobs.
Giving the information in reply to a parliamentary question by Opposition MP Anġlu Farrugia, Employment Minister Dolores Cristina pointed out that the number of self-employed people in the period had increasedby 602.
23 Comments
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Paul Borg
Oct 16th 2012, 16:50
I am a restaurant owner ( self employed } in the Hastings area in Valletta, and I'm giving up come January. I have become a prisoner in my own premises and a slave for the Government. I thank my family for beleiving in me even though I was wrong and they were right.
C Cassar
Oct 16th 2012, 20:07
WRong location and probably wrong business model.
Victor Vella
Oct 16th 2012, 14:59
They stopped their business because the economy is in a downturn. Only GonzPN is in a upturn because they have stolen 600€ a week from behind the people`s back. GonziPN sinjur u l- poplu fallut!!!!! GonziPN won`t work!!!
J Martinelli
Oct 16th 2012, 14:51
Clearly, the 1233 who gave up went into business unprepared and without preparing a feasibility study and without a business plan. If they went under because of 'no business' something was wrong, otherwise there would not have been an increase of 602 in the same classification.
How many of the 1233 closed shop but opened another one in another type of business more suited to their expertise?
M Sciberras
Oct 16th 2012, 12:07
There is in fact a NET increase of self-employed of 602. So the title is just wrong. Many Maltese teachers are still waiting for a clarification as to why they are not receiving the inflated salaries reported last week.
C Cassar
Oct 16th 2012, 11:52
Why don't those who can't fine work in Malta look for business in other EU countries? Many from other countries do this and quite a few are now in Malta doing very well. That's one of the big benefits of the EU, it's a huge market for business and jobs but few Maltese take advantage of this.
Charles Muscat
Oct 16th 2012, 12:12
Would you do it if it was you, leaving a family behind?
C Cassar
Oct 16th 2012, 13:46
I've done it many times before. I took my family with me and it gave my kids a brilliant education because they lived in 3-4 different countries, made friends there and realise there was a lot more to life than just Malta.
Paul Borg
Oct 16th 2012, 16:56
Professor Cassar, most of those who gave up are over 55 years of age. I emigrated when I was 21 and came back loaded 15 years later. Now this ship is sinking and is dragging everyone down with it.
charles tabone
Oct 16th 2012, 11:48
And then somebody says that the economy is gaining ground. Go tell it to the marines. There's definitely no money to be spent but to be paid in taxes and utility bills. Gonzi take note.
Mr John Borg
Oct 16th 2012, 11:14
I recently had a problem with a guarantee given to me on a product. The retailer invented all kinds of excuses as to why the guarantee was no longer valid.
With such arrogance from Maltese retailers (when on Ebay even months down the line I've had replacements sent over for free without any questions asked), I stick to purchasing ONLINE ONLY! I no longer pity Maltese businesses
G. Attard
Oct 16th 2012, 13:43
Agree 100%, and also you can find things 40% cheaper
E Schembri
Oct 16th 2012, 14:52
Retailers are greedy and always want to make quick cash.
After-sales service is no existent, so I agree, I too buy online were possible.
Mr Stephen Borg
Oct 16th 2012, 17:04
Agree with you hundred percent. On eBay not only items are cheaper then locally but the sellers help the buyer when the item gets lost or damaged.
Amanda Scott
Oct 16th 2012, 10:27
I don't blame these poor people. Apart from being a small country Malta is saturated with businesses. Maybe these can help people to make some extra money by working from home, I find them useful:
http://www.maltajobs.com.mt/jobs/sales-agents-3/
http://www.maltajobs.com.mt/jobs/work-from-home
http://www.maltajobs.com.mt/jobs/affiliates-refer-and-earn-money
God Bless
Marisa Attard
Oct 16th 2012, 10:17
These numbers seem to be confusing.How many self employed stopped working? Is it 1233 or 3204?
Jay Oatmon
Oct 16th 2012, 09:55
Do you really think deep down that any politician gives a stuff about the public - only at election time!
R ferriggi
Oct 16th 2012, 09:47
I AM EMPLOYED WITH THE PRIVATE SECTOR.
WE WORK SOLID AND THE PAY IS NOTHING WOW.
WE ARE NOT TOO BAD BUT NOT ALL IS OK.
THE WORST PROBLEM IS ' THE EXORBITANT COST OF LIVING''''.
R Mallia
Oct 16th 2012, 09:30
It's not because there is no work, it's because the government takes around 70% of the profit you make. You end up working for the government not you.
Jay Oatmon
Oct 16th 2012, 09:53
Of course in any country the millions of lower paid pay the majority of the taxes, because they outnumber the wealthy by tens of thousands. 40 euros per week from 200,000 is 8 million but even a tax of 500 euros per week from 5,000 wealthy is only 2.5 million.
Because everyone pays the fuel tax (and can't dodge it) that is why the cost of fuel is so high - even the scroungers must pay.
Steve Schembri
Oct 16th 2012, 10:18
Exactly...after licences, permits, VAT, social contributions, taxes, rent, electricity and gas you realise that you worked a whole week and cannot take anything home.
Gordon Farrugia
Oct 16th 2012, 11:30
very true Mr Mallia....you make EUR20,000 and in reality end up with less than 40% when you take into consideration all taxes/expenses. Is this how the government encourages the self-employed?
Joseph Borg
Oct 16th 2012, 09:28
This is conflicting information. Did we get a net increase of 602 or a loss of 1233?
Please choose the reason of your report below: