Employers believe people aged between 26 and 44, commonly known as Generation Y, are more affected by stress and anxiety than any other generation, according to research by group risk industry body Grid.
The survey showed in three out of four areas this population was affected more than any other demographic.
It revealed 58% were hampered by stress and anxiety related to home life, such as caring responsibilities or, managing difficult relationships, 57% were affected by stress and anxiety related to work, and the same percentage were hit by stress and anxiety related to finances.
In addition, 49% were affected by stress, anxiety and uncertainty due to the Covid pandemic – on par with those aged 45 to 56 at 50%.
The findings were backed up by data from Canada Life, which revealed mental health support accounted for one in five managed cases that have accessed its We Care service.
It revealed 60% of people using it were aged between 16 and 40, with the balance aged over 40. Most cases were in the age group 28-33, accounting for 22% of cases, followed by ages 34-39 at 18% of cases.
The data was published by the insurer following the extension of the service to its group income protection customers in March.
Commenting on the findings, Katharine Moxham, spokesperson for Grid, said: “Employers may typically think that it’s the older Generation X, that has more responsibility and more worry, but our research shows otherwise.
“Younger age groups can have less stability in their lives and feel the burden of responsibility heavily.”
