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Comment: The burnout economy

June 04, 2026
In this picture taken on April 16, 2023, people throng a market area during shopping in Lahore. — AFP
In this picture taken on April 16, 2023, people throng a market area during shopping in Lahore. — AFP

LAHORE: Mental health and anxiety were once broadly dismissed in developing nations as the unfortunate byproducts of poverty and unemployment. If you had a stable job, the conventional wisdom went, you had no reason to complain. Today, that narrative has shattered.

Mental stress has become one of the defining features of contemporary life. Contrary to popular belief, it is no longer confined to the unemployed or the poor. It affects factory workers, office employees, teachers, doctors, managers, entrepreneurs and even business owners. Having a job is no longer a guarantee of peace of mind.

For decades, economists measured the health of nations through familiar indicators: GDP growth, investment, exports, inflation and employment. Yet beneath these visible statistics lies a quieter crisis that receives little attention but carries enormous economic consequences. Increasingly, the challenge confronting modern economies is not merely creating jobs but ensuring that people are mentally capable of performing them effectively.

Pakistan is not immune to this global trend. In many households, financial pressures have intensified over recent years. Inflation may have moderated from its peak, but the scars left behind remain visible. Families continue to struggle with elevated costs of education, healthcare, housing, transportation and utilities. Even individuals with stable incomes often find themselves worrying about the future.

The modern worker faces a constant stream of uncertainties. News of conflicts, economic downturns, layoffs in multinational corporations, technological disruption and changing business models arrives instantly through mobile phones and social media. Information travels faster than ever before, but so do anxiety and fear.

Unlike previous generations, today’s workforce remains connected to work around the clock. Emails, messaging applications and virtual meetings have blurred the traditional boundaries between office and home. Employees may physically leave the workplace, but mentally they often remain on duty. The result is a gradual erosion of personal time, family interaction and emotional recovery.

Business owners are not insulated from these pressures. Many operate in an environment characterized by fluctuating demand, high financing costs, volatile energy prices and intense competition. The responsibility of safeguarding jobs while maintaining profitability can become an overwhelming burden. Small and medium-sized enterprises, which form the backbone of Pakistan’s economy, are particularly vulnerable.

One of the least discussed consequences of chronic stress is its impact on productivity. A worker need not be absent from work to become less effective. Many individuals continue performing their duties while struggling with exhaustion, anxiety or emotional fatigue. They are physically present but mentally distracted. Concentration weakens, decision-making suffers, mistakes become more frequent and creativity declines.

The cumulative economic impact can be substantial. Reduced productivity affects output, service quality, customer satisfaction and competitiveness. Businesses incur higher costs through errors, accidents, absenteeism and staff turnover. Healthcare expenditures also rise as prolonged stress contributes to hypertension, cardiovascular disease, sleep disorders and weakened immunity.

The challenge is further complicated by changing social structures. Traditional family and community networks that once provided emotional support have weakened in many urban areas. Migration, smaller family units and increasingly demanding lifestyles have reduced opportunities for social interaction and emotional assistance. Many people face their struggles in isolation.

Pakistan’s discussion of economic development often revolves around roads, factories, energy projects and technology parks. These investments are undoubtedly important. However, the effectiveness of every machine, system and institution ultimately depends on the people operating them. Human beings remain the most valuable productive asset in any economy.

A nation seeking sustainable growth cannot afford to ignore the emotional well-being of its workforce. Productivity is shaped not only by skills and technology but also by motivation, resilience and psychological health. Workers who are overwhelmed by constant stress cannot consistently perform at their full potential.

As Pakistan searches for pathways to higher growth and greater competitiveness, it may be time to recognize that mental well-being is not merely a health issue. It is an economic resource. Protecting it is not just a social responsibility but a national economic imperative.