Wishard Health Services

Economic Troubles Result in Stress and Even Depression for Many People

Mental health professionals caution to keep things in perspective and concentrate on the positives

Contact: Todd Harper
Phone: 317-630-7808
Pager: 317-310-5972

The downward spiral in the stock market and the news of large banks collapsing may be depressing to think about.  The reality is it may actually be causing major stress and even depression for many who are watching the economic uncertainty from their homes.

 Julie Szempruch, a mental health expert and an associate vice president for Midtown Community Mental Health Center, a division of Wishard Health Services, said the economic turmoil has resulted in an increase in concerns raised by many people in the community.

Recent stats released by the American Psychological Association also highlight how the stress of the economy is causing people to be concerned.  The American Psychological Association is reporting that eight in 10 Americans blame the economy for much of the stress in their lives.

Szempruch said there are many people who sit and obsess over things that they really have no control over, whether it is the economy or world events.  She said it is important for people to think positively and understand things will ultimately get better. 

“Try to focus on something good that happened in your day instead of going to bed thinking about losing your job,” Szempruch explained.  “Think about the wonderful day you had with your daughter or the nice compliment you received from a friend."

Some ways to cope with the stress include:

  • Refraining from getting caught up in doom-and-gloom hype, which can lead to high levels of anxiety and bad decision-making.
  • Taking stock in your particular financial situation and what causes you stressful feelings.
  • Recognizing how you deal with money-related stress.  In tough economic times, some people are more likely to relieve stress by turning to unhealthy activities such as smoking, drinking, gambling or emotional eating.  The strain also can lead to more conflict and arguments.  Be alert to these behaviors.

Mental health experts acknowledge that some level of stress is normal but suggest when someone feels overwhelmed for an extended time help should be sought.  Chronic stress may be a trigger for certain anxiety disorders and other illnesses.  

Midtown Community Mental Health Center was established in 1969 as the first mental health center in Indiana.  Midtown’s philosophy of care stresses strength-based, family- and community-centered treatment.  Care decisions are team-based and emphasize family and patient participation.    For more information about the services offered at Midtown Community Mental Health Center, please call (317) 630-7791.

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