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Instability Stresses Young

The instability in today’s economy is contributing to high stress levels in young Canadians with 90 per cent of 18 to 24 year olds experiencing excessive stress and 72 per cent of adult Canadians feeling overwhelmed, says the third annual Sun Life ‘Canadian Health Index.’ Finances and work life are cited as two of the biggest sources of anxiety for all Canadians surveyed. Other top sources of stress include personal relationships and personal health issues. “We’re concerned to see the impact of economic instability on young Canadians with nine in 10 feeling excessively stressed,” says Kevin Dougherty, president of Sun Life Financial Canada. “This finding is consistent with what we are seeing is our disability claims business – for Canadians age 30 and under, 40 per cent of their long-term disability claims relate to mental health. We will use these insights as we continue to grow our benefits and workplace wellness programs as well as offer financial planning to help curb stress levels.”

Courtesy of Benefits and Pensions Monitor website News Alerts

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