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Unemployment and poverty are associated with the prevalence of anxiety
and depression, though it is not known if they precipitate episodes or
increase their duration. Weich and Lewis (p 115) analysed data on
nearly 8000 subjects recruited to the British household panel study.
Unemployment and poverty had no effect on the onset of episodes of
common mental disorders. Although unemployment and poverty were
associated with longer duration of episodes, effect sizes were smaller
than expected given the strength of cross sectional associations.
Financial strain at baseline was a powerful independent predictor of
both onset and duration of episodes even after adjusting for objective
measures of standard of living. Though associated with standard of
living, the precise nature of this risk factor remains unclear.