While the mental health crisis has been thoroughly documented during COVID-19, workers report a decline in all aspects of wellbeing in 2020.
According to data from MetLife, worker wellness has declined in categories like “physical” and “financial” health, highlighting the wide breadth of a likely employee wellness crisis in the months ahead.
The MetLife report is keen to note that mental health and financial health are in many ways combined for employees, as increased anxiety and feelings of instability can be directly linked to an uncertain financial future. Eighty-six percent of workers say finances are a top source of stress for them now and in the future.
The report also shows how intersectional issues of race and gender can also have an effect on worker well-being, with structural inequalities exacerbating the crisis for certain populations. For example, 70% of Black and LatinX workers are worried about their financial security and well-being, compared to only 53% of white employees.