May 18, 2023
Boston Consulting Group found five million young professionals in Canada are in need of mental health support, advising businesses and organizations to invest more into employee well-being. Work was found to be the number one source of stress for Canadians. Other findings include:
- One quarter of Canadians reported having symptoms of a mental health disorder in 2021, while 50% said they needed mental health support and 35% reported being burnt out; and
- Forty percent of 18- to 24-year olds reported being at a breaking point for their mental health.
The study found unchecked stress in the workplace is costing Canada more than $220 billion annually, contributing to a national mental health crisis.
Related:
Burnout is the new threat to Canada’s economy - especially for women - Canadian Prosperity Project
Full article link