The pandemic has had more of an adverse effect on women than men as new evidence suggests demand for mental health support shows no sign of abating.
Findings from LV=’s Wealth and Wellbeing Monitor reveal 41% of women surveyed admitted they felt exhausted compared to 24% of men, while half of women (56%) reported feeling stressed or anxious, compared to a third of men (35%).
The report also revealed that during the six months between September 2020 and March 2021, the proportion of women feeling stressed rose 5% to 56% and the number feeling exhausted rose by 9%, while 6% more women said they were feeling lonely and isolated.
More than a third (35%) of women said they were worried about money, compared to 25% of men with the proportion of women worried about money increasing 6%.
While overall concern about contracting coronavirus dropped from 32% in December to 23% in March, women were more worried than men about getting the virus (27% and 19% respectively), despite the lower risk compared to men.
LV= protection director Debbie Kennedy said more people than ever were experiencing emotional pressures triggered by the uncertainty of the virus.
“Women have tackled the stresses of extended lockdowns, juggling parenting and caring responsibilities with working from home,” she said.
“Those who are self-employed or work in the retail and hospitality sectors have felt the burden of supporting families on reduced incomes. Over a quarter of women surveyed (28%) admitted that their finances have worsened over the last three months.
“The impact of national lockdowns and social distancing has affected the health of millions, with 31% feeling lonely and isolated. These concerns are taking its toll on the public and we should be doing more collectively to look after our mental health.”
However, amid better news around infection levels, insurer Canada Life figures emphasise the importance of support for mental health.
Since launching its WeCare product in March, 39% of requests from employees have been for mental health support – making it the most used support service on the platform.
Access to virtual GP appointments (29%) and a personalised get-fit programme (17%) were the next most popular services available.