For young people, benefits of work span all areas of a healthy life
Beyond this, the Georgia Center for Opportunity (GCO) team has thoroughly reviewed the literature and found that there are nine benefits for work that help teens and young men and women develop a strong work ethic that lays the foundation for success in every area of life:
1. Personal finances: When we think of work, we immediately think of a paycheck. That’s the most obvious benefit. Work enables kids to buy both necessities and luxuries, to pay for education, even to start saving for retirement. Attaching to work early is also important for avoiding the trap of the social safety-net system that can unintentionally keep people mired in poverty.
2. Serving others: Earning money in a free market economy shows the ability to create value by serving others and learning self-reliance.
3. Economic impact: The more people work, the more the economy grows. This creates a more prosperous society and leaves those who work personally better off than those who don’t work. Those who don’t work deny society resources that could have made everyone better off—while simultaneously pulling resources away from other important societal needs.
4. Personal well-being: Work confers dignity and respect. It provides a sense of meaning and purpose in life. In contrast, those who don’t work are, overall, less happy and experience higher levels of personal and familial stress, sadness, despair, hopelessness, apathy, and depression.
5. Mental health: Those who work experience improved mental health outcomes and have higher self-esteem, fewer psychosomatic symptoms, less anxiety, and decreased suicide risk.
6. Alcohol and substance abuse: Those who work generally have reduced drug use and improved treatment outcomes. The impact of substance abuse appears to be greater on those who don’t work.
7. Physical health and lifespan: Those who don’t work generally have poorer physical health, including disrupted sleep patterns, higher risk for cardiovascular disease and respiratory infections, and shorter longevity.
8. Family relationships: Working has a particularly positive impact on males when it comes to family formation. Young men who work are much more likely to marry and have a family.
9. Crime: Working typically has a positive effect on teens and young adults by increasing future wages, building human capital, and reducing criminal behavior and recidivism—especially for economic crimes involving property damage, theft, and drugs.