In the present era, a considerable proportion of the population is afflicted with ailments that are attributable to stress. This essay will examine the potential causes of this issue, including high competitiveness in the labour market and economic difficulties. Furthermore, two recommendations will be put forth to address the corresponding issue.
Firstly, the rapid increase in the number of diseases as a result of excessive exposure to stress throughout people may have been caused by a highly competitive environment regarding career growth, which is driven by the current global economic issues. It is important to consider the statistical evidence which demonstrates a gradual decline in the growth of disposable income in developed countries over the past 50 years. This suggests that individuals are motivated to enhance their financial and purchasing capabilities, indicating a preference for promotion to higher-level positions.
Conversely, the government has the capacity to intervene in the labour market with the objective of preventing and reducing the prevalence of stress-related illnesses. This may be achieved through the implementation of policies such as regulations and subsidies. Potential regulatory measures could include a review of the national minimum wage level. Subsidies may be provided to support vulnerable groups in the labour force, thereby reducing the need for excessive work and overall stress.
In conclusion, the contemporary world is characterised by a rapid pace of life, which is increasingly leading to the acquisition of various illnesses due to excessive stress. This essay has demonstrated a correlation between stress and work-related issues due to a decrease in disposable income. Furthermore, two policies have been proposed, namely regulation and subsidies, as an effective method to improve current conditions.