Depression Costs the Country Billions in Lost Productivity
It’s Time We Started Helping People Get Back to Work
Sagar V. Parikh, M.D., FRCPC
University of Michigan; Medical Director, NNDC
Care for Your Mind acknowledges and appreciates the collaboration of the National Network of Depression Centers in developing this post.
[Excerpt] Work is a significant part of daily life. Whether or not a person feels comfortable on the job influences their overall well-being—and our society’s economic health. For anyone suffering from depression, work-related productivity is a key indicator of health status, one we can’t afford to ignore.
Depression-related absenteeism and presenteeism (when employees are present for work but less productive due to their illness) have staggering economic consequences: absenteeism alone is estimated to cost U.S. employers upwards of 23 billion dollars per year.