A new study suggests that members of the millennial generation tend toward depression in their workplace more than than any previous generation.
Millennials reported the highest rates of depression — approximately 1 in 5 millennials who sought out employee assistance or work-life advice from Bensinger, DuPont & Associates (BDA). In contrast, 16 percent of baby boomers and 16 percent Gen Xers reported depression. BDA collected data from employees seeking its EAP services over an 18-month period.
In the BDA report, “Depression and Work: The Impact of Depression on Different Generations of Employees, ” the organization’s chief operations officer, Marie Apke, says:
While major depression affects 10 percent of [American employees], an overwhelming 75 percent of people with depression don’t receive formal treatment. Depression costs the economy more than $23 billion annually due to absenteeism. While recent public health initiatives continue to enhance and expand our understanding of the social and economic costs of depression, it’s clear more work is needed to combat depression in the workplace.
Aaron Cline Hanbury is a contributing editor for RELEVANT. You can follow him on Twitter at @achanbury