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ARE YOU MENTALLY COPING WITH TODAYS’SECONOMIC PRESSURE?

With Statistics South Africa having released the Labour Force Survey results for the first quarter, the unemployment rate currently sits at 32.7%, painting a staggering picture of the country’s current economic climate. More households are being pushed into poverty. As financial pressures persist, there is an equally growing, yet often overlooked, consequence: the significant impact on mental health.

In South Africa, approximately 14,000 people die by suicide each year, placing the country among those with the highest suicide rates on the continent. Notably, men are disproportionately affected. A trend described by the Minister in the Presidency for Women, Youth and Persons with Disabilities as a “silent national emergency,” highlighting the urgent need for increased awareness, timely intervention, and accessible support.

Research shows a clear link between financial strain and mental health. Socioeconomic hardships point to higher suicide rates and reduced overall well-being. As unemployment remains persistently high and the cost of living continues to rise, individuals and families are experiencing sustained financial stress. This pressure not only affects financial stability but also places emotional resilience under severe strain.

Patriarchy and your mental health

Gender dynamics further escalate the struggle. Deep-rooted societal expectations continue to position men as primary providers. During periods of economic hardship, such as the current economic climate, this expectation is heightened, leading men to feel compelled to fulfil the provider role. In fact, studies show that men are twice as likely to feel the financial burden in a relationship compared to women. As a result, men are more likely to suppress their emotions and feel compelled to “stay strong” and “take practical charge” in times of crisis. These norms, largely rooted in patriarchal structures, often discourage vulnerability and help-seeking behaviour.

The combination of current economic hardship and traditional gender norms creates a crisis in men’s mental health. As a result, many men internalise their struggles, carrying both financial and emotional burdens in isolation instead of accessing the support they need. However, when men are given safe and relatable spaces, they engage meaningfully, and that is where real change begins,” says Dr. Avron Urison, Chief Medical Officer at 1Life Insurance.

As South Africa continues to battle economic uncertainty, the message is clear: physical health is important, but so is your mental well-being. Mental health conditions contribute significantly to disability, reduced productivity, absenteeism, and a diminished quality of life, affecting an individual’s ability to work, earn an income, manage responsibilities, and remain financially resilient.

Spot the early warning signs

Early warning signs may include a persistent low mood, excessive worry, irritability, poor sleep, loss of interest in usual activities, changes in appetite, fatigue, reduced concentration, social withdrawal, and declining work performance. Additional indicators may include increased absenteeism, reduced productivity, difficulty coping with normal stressors, emotional outbursts, avoidance of responsibilities, or increased reliance on alcohol or other substances. Mental health symptoms are often normalised as stress, burnout, or tiredness, but ongoing changes in mood, sleep, motivation, or functioning should be taken seriously.

Proactively take charge of your wellbeing

Encouragingly, support is within reach. Open communication is vital; speaking up ensures that challenges are quickly identified and addressed before they escalate into more serious mental health issues. Early intervention can include seeking counselling, psychotherapy, medical assessment, and medication where appropriate. Workplace support, regular exercise, a healthy diet, effective sleep management, and addressing contributing physical health conditions are also essential in reducing stress and supporting a holistic well-being.

These strategies may seem simple, but they are highly effective in addressing the mental health crisis. We need to normalise conversations around mental health and actively encourage vulnerability. Men must also be equipped with the right tools and support systems to better navigate financial challenges,” Dr. Urison adds.

As we approach Men’s Mental Health Awareness Month in June, we need to collectively prioritise mental health as a fundamental part of overall well-being by addressing the stigma surrounding men’s mental health crisis. Protecting your mental well-being also protects family stability and long-term financial security.

 SUPPLIED.

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