Commenting on research commissioned by Patient.co.uk that shows that young people are being hit the hardest by the economic downturn, Lucie Russell, Director of Campaigns Policy and Participation, YoungMinds said:
“Young people today face pressures like never before, the economic downturn has simply exacerbated the situation. With zero job prospects, university increasingly financially unviable and ever increasing pressure to follow the latest consumer trends this research reflects a grim picture for young people.
“This bleak outlook is understandably leading to concerns about the mental health of young people. The World Health Organisation predicts that by 2030 more people will be affected by depression than any other health problem yet investment in mental health remains sadly lacking, we are sitting on a mental health timebomb and urgent action is needed to invest in mental health support services for young people
“For every pound spent by the NHS, specific services for children and young people’s mental health receive less than a penny. A declining mental health budget will inevitably lead to a decline in mental health across the population and huge knock on costs to the taxpayer.”