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CHOP Researchers Find Financial Strain Due to COVID-19 Pandemic Took Significant Toll on Adolescent Mental Health

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Tuesday, November 15, 2022

PHILADELPHIA, Nov. 15, 2022 /PRNewswire/ -- Financial stress due to the COVID-19 pandemic took a distinct toll on adolescent mental health and contributed to depressive symptoms, according to a new study by researchers at Children's Hospital of Philadelphia (CHOP). The study, published today in The Lancet Regional Health – Americas, found the effect was most pronounced in low-income adolescents but also affected all income groups who experienced financial strain due to loss of income.

Key Points: 
  • However, despite an ongoing global youth mental health crisis, there previously was little data on the impact of financial stress on adolescent mental health.
  • The researchers investigated the specific association of financial strain with adolescent mental health between May 2020 and May 2021.
  • "Future studies should look at targeting youth's financial stress and family conflict to ease the mental health impact of difficult financial circumstances."
  • "COVID-19-related financial strain and adolescent mental health," The Lancet Regional Health Americas, November 15, 2022, DOI: https://doi.org/10.1016/j.lana.2022.100391 .