Finance sector workers throughout the world have suffered a lot in recent years, according to a report by UNI Finance Global

Nearly 200,000 jobs lost in the financial sector throughout the world these past two years.  80 percent of the sector’s unions in Europe reporting health issues for their members.  These are two figures presented in the report by UNI Finance Global published this months, sounding the alarm about the worsening of employees’ working conditions in the sector and the numerous job losses.  (Ref.  130372)
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In early November, UNI Finance Global published its 2013 survey on “Job Losses and the Restructuring Process in the Financial Sector” at global level. It was carried out among unions affiliated with UNI Finance Global in 26 countries: 16 in Europe, 4 in Asia-Pacific (including Australia), 3 in Africa (notably South Africa) and 3 in America (including Brazil but not the US).

While the financial sector has been through several tragedies in recent months, including the death of banking workers in the UK and Switzerland, the survey provides tangible elements to understand the health crisis affecting the international banking sector: fear of unemployment, excessive pressure, psychological violence, workers’ health getting poorer, and higher stress.

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