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Gen Z are choosing mental health over work

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Young employees are increasingly opting to take “mental health days” off work, citing rising levels of common mental disorders such as anxiety and depression.

A report indicates that individuals in their early 20s are significantly more prone to calling out of work for mental health reasons compared to older generations, sparking worries among job experts.

The report, which sheds light on the surge of CMD cases among Gen Zers, attributes the rise to various everyday stressors including relationship issues, work pressure, and the omnipresent influence of social media.

Surprisingly, a notable number of young adults are even choosing to remain unemployed, prioritising mental well-being over workforce participation.

Escalating trend

Analysts from the Resolution Foundation, a UK-based economic and social policy think tank, expressed concern over the escalating trend of youth worklessness due to mental health issues.

They highlighted that individuals in their early 20s are now more likely to be out of work due to ill health compared to those in their early 40s, marking a worrying shift in employment patterns.

According to a three-year investigation cited in the report, over 34% of Gen Z individuals experience symptoms of CMD, a significant increase from 2000 when only 24% reported feeling burnt out by the strains of daily life.

Factors such as the COVID-19 pandemic and the pervasive influence of social media are believed to have exacerbated the mental health challenges faced by youngsters.

Mental health

The report notes a doubling in the number of young people aged 18 to 24 who are out of work due to ill health over the past decade, with mental health problems being cited as the primary health issue for two in five young adults between 2020 and 2023.

The data suggests a gender disparity, with young women being over 1.6 times more likely to experience CMD compared to young men.

This gap has widened since the early 2010s, indicating a growing burden of mental health challenges among young females.

Ahron Young is an award winning journalist who has covered major news events around the world. Ahron is the Managing Editor and Founder of TICKER NEWS.

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What to expect for IPO markets

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With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?

As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.

With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.

However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.

Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.

#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts

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ASX positioned for strong start after positive stock rebound

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The ASX is set for a solid opening today, bolstered by overnight gains in the banking, commodities, and energy sectors.

Despite these positive movements, analysts are suggesting that the stock rebound and bond decline appear to be technically driven, noting that it may not mark the beginning of a longer-term trend.

Market analyst David Scutt from StoneX joins to discuss the latest market movements. #featured #trending

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Elon Musk is projected to become the world’s first trillionaire

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Elon Musk, the visionary entrepreneur behind Tesla and SpaceX, is projected to achieve an unprecedented financial milestone by becoming the world’s first trillionaire by 2027.

Currently the richest person alive, Musk holds a staggering net worth of $251 billion, with Tesla playing a major role in his fortune.

At this rate, experts predict his wealth could skyrocket, reaching the trillion-dollar milestone in just three years.

Tesla itself is growing at a remarkable pace, with a market value nearing $670 billion. #featured #trending

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