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How Does the Recession Affect Psychology?

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by Elena Albright @ June 2nd, 2010 RSS Link Tweet

Question:
Has the recession affected the world of psychology? I would think that more people would be in need of therapy during these tough economic times, but then again, those who are unemployed may not have insurance or money to pay for it. Curious to hear your observations on how your industry has been affected.

Answer:
Psychology is a wide field that has many different types of careers within it, from clinical work (as a therapist) to organizational work, and from sports psychology to work in schools.

Therapists I know say that their practices have stayed busy even in the recession- as you point out – people need treatment in the tough times more than ever. However, some people might attend therapy less frequently or for less time, and insurance can be an issue. Therapists sometimes have sliding scales in which they charge clients based on that they can pay.

My general opinion is that it is not wise to make a career decision based only on the current state of the economy. There will always be people in need of psychological treatment. If you have a passion for psychology, a desire to help others, if you are flexible and you believe you can develop your skills in this area, you can find a way to be successful.

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Tags: psychology, recession, therapists