U.S. workers are under financial stress and are looking to their employers for a lifeline.

“This month, we saw the largest decline in mental health scores since April 2020,” said Paula Allen, global health leader, business and client insights, for TELUS Health. “Many signs point to the rise in inflation as the main reason for this drop, given we know how important a sense of personal control is to mental health and well-being. The economic changes, on top of existing challenges we’ve been facing over the past three years, have put more than 65% of American workers at high or moderate mental health risk.”

Employees expressed concern about debt and financial uncertainty in the company’s latest Mental Health Index:

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