Unemployed workers in Wellington did a tour of banks – the Reserve Bank, Westpac, ANZ and BNZ to show the human side of unemployment.
After a BNZ economist said that unemployment was ‘artificially low’, unemployed people wanted to send a message that job loss was devastating for families and communities – and more than a statistic.
Finsec General Secretary Andrew Casidy said that banks needed to show an interest in employment. “They can show this through their own employment practices, by investing in jobs when their profits are rising and not sending jobs offshore. They can also show this to their customers with fair interest rates.”
“The banks need to recognise the human cost of unemployment,” said Casidy.
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