In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period.
In the last 5 years, American employers have lost over $150 billion of productivity to depression alone. That is more than the GDP of 28 different States during the same period.
This quote highlights the significant economic impact of depression on American employers, emphasizing the staggering financial losses due to employee mental health issues.
The quote's focus on the last 5 years suggests that the issue of depression's economic impact is a relatively recent concern, possibly tied to changes in workplace culture, technology, or societal expectations.
Patrick J. Kennedy is a former U.S. Representative from Rhode Island, known for his advocacy on mental health issues. His experience and expertise in this area lend credibility to his statement.
Employers can apply this information by recognizing the importance of employee mental health and implementing policies to support workers' well-being, potentially reducing absenteeism and increasing productivity.