Protecting mental health during Recession
Protecting Your Mental Health From the Effects of Recession
Living in the midst of a #recession 2023 can provoke #anxiety and fear. After all, some people may be struggling with job loss, and others may find themselves in the midst of a #financial crisis if they are unable to keep up with bills and must face the harsh reality of home foreclosure or bankruptcy. Given the problems that come along with a recession, mental health issues may become more common, especially for those who are most deeply impacted. Here, learn some tools for protecting your mental health from the negative effects of recession.
The impact of recession on mental health
Before learning about tools for coping with the mental health effects of a recession, it’s important to learn how an economic recession impacts psychological functioning. The 2008 stock market crash provided an opportunity for researchers to evaluate how struggling economic times affect mental health. Present recession leading to depression and increased use of antidepressant drugs, especially among those with IT / Software industry . had seen since the Great Depression.
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