Economic Boom & Bust – The “business cycle” and mental health

Over the past seven years my community based work as a therapist and in advocacy roles has put me face to face with the harsh effects of economic recession.

I have worked with many individuals & families experiencing first hand the effects of sudden homelessness,  unexpected unemployment and serious accommodation issues to name but a few.

These experiences have repeatedly brought home to me how economic recession and the “boom bust” nature of the business cycle has serious implications for the nations mental health.

As we experience a new part of this cycle,  it is worth pausing to think about whether our current approach to areas like health, housing and employment has evolved at all in light of recent experiences.

This becomes more urgent when considering impending changes to global corporate tax policy, Brexit and our growing/ageing population are all likely to figure in the next phase of this cycle.

The below article highlights results of research led by Trinity College Dublin (based on the Growing Up in Ireland study)  and puts some data and context behind the discussion.

https://www.tcd.ie/news_events/articles/recession-damages-mental-health-of-families-new-study/6073

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