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APA Poll Finds Economic Stress Taking a Toll on Men
Date:5/7/2009

e 35-44 (65 percent) report stress related to housing costs.

The survey also found that actions taken by employers to reduce costs are having a far reaching impact on Americans. Nearly seven in ten (68 percent) employed Americans report that their employers have taken steps such as putting a freeze on hiring or wages, laying off staff, reducing work hours, benefits or pay, requiring unpaid days off or increasing work hours in the past year as a result of the weak economy. Not surprisingly, people who have been hit with multiple employer-driven cost-cutting actions are most likely to report stress related to economic factors (for example, 86 percent facing four or more actions report work as a significant stressor, vs. 63 percent whose employers have not taken any action as a result of the economy.) And regardless of whether or not they have already been affected by employer actions, 43 percent of Americans report that are concerned that layoffs will affect their household.

"For many people their job is closely tied with their sense of purpose and self-identity. When they perceive that their work is under threat or fear being unable to meet the basic needs of their family, stress can intensify," adds Dr. Nordal. "With many layoffs hitting middle-aged men, it is not surprising that increasing numbers of men are reporting stress related to economic factors."

The American Psychological Association has developed resources to help people manage their stress related to the economic downturn. The following articles are available at www.APAHelpCenter.org :

  • Managing your Stress in Tough Economic Times
  • Staying Hopeful After Job Loss
  • Staying Resilient Through Tough Economic Times
  • Dollars and Sense, Talking to your Children about the Economy


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SOURCE American Psychological Association
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