The liquidity trap: financial experience and inclusion in the liquid workforce
- Document type
- Glover, Ben; Lasko-Skinner, Rose; Berry, Ava
- Date of publication
- 1 November 2019
- People management: all aspects of managing people, Trends: economic, social and technology trends affecting business
- Business and management
- Material type
This report from Demos looks at financial security for the modern, liquid workforce.
It finds that that ‘liquid’ workers, such as gig economy workers and the self-employed face greater barriers to financial inclusion compared to traditional workers. They are less likely to hold financial products and are almost twice as likely (28%) to be turned down for financial products due to their employment history than traditional employees (15%).
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