In the U.S., mental illness is one of (if not) the leading causes of sickness absence and long-term work incapacity. The numbers are stark.
Nearly one in five adults in the U.S. live with a mental illness, according to the National Institute of Mental Health. And these elevated rates of mental illness spill over into the wider economy.
The American Psychiatric Association estimated the macroeconomic loss at USD 210.5 billion per year. Just a single, extra poor mental health day every month was associated with a 1.84 per cent drop in per capital real income growth, or USD 53 billion lost in total income every year from 2008 to 2014, according to a separate analysisi.
Productivity loss from absenteeism and presenteeism was one of the key culprits. Employees with unresolved depression experience a 35 per cent reduction in their productivity, according to the American Psychiatric Association.
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