This report provides an estimate of the economic cost of mental illness among working-age Canadians. It highlights the need for action by employers and governments to mitigate lost labour force participation.
Mental Health Issues in the Labour Force: Reducing the Economic Impact on Canada
Mental Health Issues in the Labour Force: Reducing the Economic Impact on Canada
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Mental illness currently costs Canada $20.7 billion annually due to lost labour force participation stemming from the six most common conditions afflicting the working-age population (depression, dysthymia, bipolar disorder, social phobia, panic disorder, and agoraphobia). And this cost will grow to $29.1 billion by 2030. Mental Health Issues in the Labour Force: Reducing the Economic Impact on Canada estimates the magnitude of the problem within the defined parameters of labour force participation. The analysis examines how governments, employers, and communities are affected. The report concludes with several recommendations for much-needed action to mitigate lost labour force participation.
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