Socio-demographic determinants of financial exclusion of the unemployed on the local labour market: a case study
Socio-demographic determinants of financial exclusion of the unemployed on the local labour market: a case study

Summary/Abstract: Motivation: People who experience problems accessing financial products and services in a suitable form cannot fully participate in economic and social lives. The groups particularly vulnerable to financial exclusion in the area of banking services and saving products are the unemployed. Aim: The aim of the study is to determine the relationship between socio-demographic determinants and selected areas of financial exclusion related to banking usage and the propensity to save. The empirical basis of the issues raised in this article is the study of the literature and the findings of the survey conducted among 350 unemployed persons registered at the Municipal Labour Office in Płock in the period from September to October 2018. Results: Education, age, reasons and the period of registration at the labour office exert an impact on the selected areas of financial exclusion of the unemployed regarding the bank usage and the propensity to save. The results of the study indicate that on the local market education was the feature that most determined the degree of banking usage, the refusal to conduct banking services or the propensity to save among the unemployed.

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