Roy Morgan has released their latest research into the rise of youth unemployment and what they see as a connection to mental health issues in young Australians.
From 2010 to 2014, the number of young job seekers had nearly doubled and the added stress to find a job but also get their careers started were impacting their mental health. The report found of those 18-24 year olds looking for work last year, 28% were found to have anxiety and over 41% were affected by stress.
Angela Smith, Group Account Director, Roy Morgan Research, says:
“The rise of youth unemployment in Australia is a huge source of concern, and the Federal Government needs to address it before it gets any more widespread.
“At this critical stage of a young person’s life and career, the failure to find a job can have serious implications on their self-esteem and general mental health. It is no coincidence that stress, anxiety, depression and even panic attacks have sky-rocketed in incidence over the past five years among 18-24 year olds as unemployment rises.
“While these mental health conditions are affecting more Aussies of all ages, young Australians are being hardest hit. While 14.5% of the population were affected by depression last year, this shot up to one quarter of young job-seekers. Not only is this sad, it puts more pressure on our already stretched healthcare system.”