Millennials are experiencing more stress than people in other age groups in Hong Kong, according to a survey by global health insurer Cigna.
About 26 percent of the millennials, or those aged between 18 and 34, said they experience unmanageable stress, while only 17 percent of those aged 35 to 49 and 11 percent of those aged 50 and above said they feel the same way, the Cigna 360° Well-Being Survey showed.
For millennials, the biggest sources of stress are work and finances, ahead of family and health.
The results were based on online polls involving 500 Hong Kong respondents and 14,467 globally.
“Millennials are pressured starting from primary school and secondary school, and this continues after they enter the workforce,” Dr. Doris Chan, a psychiatrist, said during a panel discussion on the survey results on Monday.
Compared to people in other age groups, millennials are paid lower wages and face more difficulties in renting or owning a home.
“So after 10 years of work, many of them start having mental issues such as anxiety and depression,” Chan said.
The survey also showed that one in five respondents belonging to the millennial generation feels uncomfortable about opening up to strangers about their feelings, and this has not helped them overcome their stress, she said.
In order to ease the pressures of daily living, some young adults resort to playing online games, but this could have some negative psychological effects, such as addiction to games, Chan said.
On the whole, 92 percent of the local respondents said they feel stress, but only 17 percent said the stress is not manageable. And of those who feel stress, 10 percent said they have sought medical professional help.
The latest survey results show that Hong Kong’s ranking on the overall well-being index has fallen for the fourth consecutive year to its lowest since the annual survey began in 2015.
In fact of the 23 markets survey, Hong Kong has the second lowest score of 56.8, higher only than South Korea’s 51.7.
The Cigna 360° Well-being Index was based on the respondents’ perceptions and concerns across five key areas – physical, family, social, financial and work health.
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