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Investment Banking May Be Bad For You, Study Finds -- And 7 Other Jobs Linked With Health Risks

Job Health Problems

The Huffington Post   First Posted: 02/16/2012 8:31 am Updated: 02/21/2012 11:20 am

According to a recent study from the University of Southern California, Wall Street life may not be as great as it seems -- at least, when it comes to health

The study, to be published in the journal Administrative Science Quarterly, looked at two dozen young investment bankers who worked between 80 to 120 hours a week (going to work around 6 a.m. and leaving work around midnight, according to the Wall Street Journal).

The researchers found that as time went on they had increased risks of health problems like alcoholism, arthritis and Crohn's disease.

Alden Cass, a clinical psychologist based in New York, told the Wall Street Journal that bankers have an increased risk of mental health issues and burnout because their jobs can be so volatile.

Just last year, a study conducted by Concordia University researchers in the journal BMC Public Health showed that stress in the workplace is only growing. Up to 26 percent of people in high-stress jobs have seen a health professional regarding a stress-related condition, according to the study.

Another study, published last year in the journal Occupational and Environmental Medicine, suggested that having a poorly paid and supported job is just as miserable as having no job at all.

It's understandable that the bills have to be paid somehow. So what's there to do if your job is just plain bumming you out -- mentally and/or physically?

WebMD recommends making sure to have some free time in your weekly schedule, whether it's spent with friends or your significant other, as well as time to exercise.

"Research shows exercise can help you to be more alert," Robert Brooks, PhD, co-author of "The Power of Resilience: Achieving Balance, Confidence, and Personal Strength in Your Life," told WebMD. "And I've noticed that when I don't exercise because I'm trying to squeeze in another half hour of writing, I don't feel as alert."

And for those of us who are desk jockeys, it's not hard to be reminded that we sit and sit and sit for eight or more hours a day -- which many studies have shown is linked with an increased risk of diabetes, cancer and even death.

To stay fit at your desk, there are a number of healthy choices you can make, like taking walking meetings instead of sitting meetings, stretching regularly and taking the stairs to the upper floor instead of the elevator.

[For more ways to stay active at your desk, click here.]

Of course, every job comes with its health risks. Here's a round-up of seven kinds of jobs that have been linked to certain physical and mental health issues.

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  • "Standing" Jobs And Arthritis

    Everyday Health reported that <a href="http://www.everydayhealth.com/arthritis-pictures/9-worst-jobs-for-your-joints.aspx#/slide-4" target="_hplink">foot arthritis</a> can be a health risk for people who have to stand a lot for work -- including teachers -- because they are on their feet all day. Therefore, people who have to <a href="http://www.everydayhealth.com/arthritis-pictures/9-worst-jobs-for-your-joints.aspx#/slide-4" target="_hplink">stand a lot for their jobs</a> should choose to regularly wear comfortable shoes and not high heels, according to Everyday Health, because wearing high heels can put stress on the joints in your feet. In fact, standing too long -- as well as other factors like being overweight or having higher or flat arches -- are linked with an increased risk of <a href="http://www.arthritistoday.org/fitness/starting-out/tips-for-success/heel-pain-arthritis.php" target="_hplink">many kinds of arthritis</a>, according to <em>Arthritis Today</em>.

  • Soldiers And Stress

    The <a href="http://www.huffingtonpost.com/2012/01/05/the-10-most-stressful-job-careercast_n_1186845.html#s591971&title=1_Enlisted_Soldier" target="_hplink">enlisted solider</a> topped this year's CareerCast.com ranking of the most stressful jobs. The ranking took into account factors like physical demands, risks to your life or to others' lives, competitiveness, deadlines and meeting with the public. <a href="http://www.huffingtonpost.com/2012/01/05/the-10-most-stressful-job-careercast_n_1186845.html#s591970&title=2_Firefighter" target="_hplink">Firefighters</a> ranked second on the 2012 list, and <a href="http://www.huffingtonpost.com/2012/01/05/the-10-most-stressful-job-careercast_n_1186845.html#s591969&title=3_Airline_Pilot" target="_hplink">airline pilots</a> ranked third.

  • Dancers And Divorce

    According to 2000 Census data analyzed in a Radford University study, <a href="http://blogs.menshealth.com/health-headlines/the-5-worst-jobs-for-your-marriage/2011/06/06" target="_hplink">dancers have the highest rate of divorce</a>, at 43 percent, and bartenders have the second highest rate, at 38 percent, <em>Men's Health</em> reported. Other surprising jobs also made the top list, with roofers having a 27 percent divorce rate and sailors having a 26 percent divorce rate, according to <em>Men's Health</em>. (<a href="http://blogs.menshealth.com/health-headlines/the-5-worst-jobs-for-your-marriage/2011/06/06" target="_hplink">For reasons why, read the <em>Men's Health</em> piece.</a>)

  • Construction Work And Lung Problems

    Health.com reported that <a href="http://www.health.com/health/gallery/0,,20443619_2,00.html" target="_hplink">inhaled dust from construction</a> could put workers at risk for lung problems like cancer, asbestosis and mesothelioma. In fact, occupational lung disease is the No. 1 cause of <a href="http://medicalcenter.osu.edu/patientcare/healthcare_services/lung_diseases/lung/occupationallung/Pages/index.aspx" target="_hplink">work-related illness</a>, according to Oregon State University. Symptoms include chest tightness, coughing, shortness of breath and breathing abnormally, according to OSU, and the disease can be caused by either by long-term exposure to the hazard, or by a particularly bad one-time exposure to the hazard.

  • Personal Caregivers And Depression

    People whose job it is to <a href="http://www.health.com/health/gallery/0,,20428990_2,00.html" target="_hplink">care for someone</a> -- for example, nursing home workers -- have the highest rate of depression, Health.com reported. Eleven percent of people in this field of work have had a major depressive episode. Comparatively, 13 percent of unemployed people and 7 percent of the general population has had a major depressive episode. "It is stressful, seeing people sick and not getting a lot of positive reinforcement," clinical psychologist Christopher Willard, of Tufts University, <a href="http://www.health.com/health/gallery/0,,20428990_2,00.html" target="_hplink">told Health.com</a>. Last year, Reuters reported the results of a Caring.com survey that showed that one in four people who <a href="http://www.huffingtonpost.com/2011/04/27/caregivers-depression_n_854538.html" target="_hplink">care for an elderly relative</a> or friend have depression.

  • Shift Workers And Sleep Problems

    There have been numerous studies showing the potential health problems of shift workers, and a big one is sleep. In fact, there's a name for it -- <a href="http://my.clevelandclinic.org/disorders/sleep_disorders/hic_shift_work_sleep_disorder.aspx" target="_hplink">shift work sleep disorder</a> -- and it's caused by the different sleep and wake schedules of people who work at nontraditional hours of the day, according to the Cleveland Clinic. Symptoms of shift work sleep disorder include having no energy, having headaches and finding it difficult to concentrate, the <a href="http://my.clevelandclinic.org/disorders/sleep_disorders/hic_shift_work_sleep_disorder.aspx" target="_hplink">Cleveland Clinic reported</a>. As a result, the risk is raised of work-related mistakes, accidents, mood problems and taking sick leave.

  • Overtime Work And Depression

    Working overtime -- 11 or more hours a day -- is linked with a more than <a href="http://www.huffingtonpost.com/2012/01/26/overtime-work-depression_n_1234025.html" target="_hplink">doubled risk of a major depressive episode</a>, compared with people who work the more standard seven to eight hours a day, according to a recent <em>PLoS ONE</em> study. Researchers from the Finnish Institute of Occupational Health and University College London looked at health and work data from 2,000 middle-aged Brits over a nearly 6-year period, and saw that there was a definite link between overtime hours worked and depression risk. And for more health risks associated with working long hours, <a href="http://www.huffingtonpost.com/2012/01/28/overtime-work-hurts-health_n_1237941.html#s646069&title=Sitting" target="_hplink">click here</a>.

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According to a recent study from the University of Southern California, Wall Street life may not be as great as it seems -- at least, when it comes to health The study, to be published in the jour...
According to a recent study from the University of Southern California, Wall Street life may not be as great as it seems -- at least, when it comes to health The study, to be published in the jour...
 
 
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03:36 AM on 07/24/2012
yes nice stuff
http://www.search50.net
photo
HUFFPOST SUPER USER
sbrannon
thinker, photojournalist, humanitarian
12:19 PM on 02/22/2012
Oh, i wonder why being unemployeed causes depression? Like that is not a given
photo
HUFFPOST SUPER USER
sbrannon
thinker, photojournalist, humanitarian
12:17 PM on 02/22/2012
Well, it looks like just about everything adds stress related health issues, standing on your feet all day, sitting all day, construction work, driving a truck, helping people, working in war,even dancing? In the end, find a job that has nothing to do with money, standing or sitting, dont help people in need and dont fix things...is there anything safe to do?
03:18 AM on 02/22/2012
Every job is as good as fit you are.
03:29 PM on 02/21/2012
Investment bankers are selected to be mentally ill. The job does not make them that way as they are mentally ill before they start. Cmpanies do not want traders who have a concious.
photo
HUFFPOST SUPER USER
sbrannon
thinker, photojournalist, humanitarian
12:18 PM on 02/22/2012
Funny and true...what about politians?
03:11 PM on 02/21/2012
I made a decent reply on this, but wasn't posted. Maybe not a great site to post on.
photo
HUFFPOST SUPER USER
Razorc195
02:11 PM on 02/21/2012
We all can find something in our jobs that are detractors. However working out each day, eating corectly, sleeping required hours each night(varies with the individual), and one thing the left out, are hobies and vacations. All of these will help to cope and increase productivity and offset the negative aspects. Of course if a job is physically distructive our bodies will break down eventually. Abusive work environments are a non starter, and must be avoided due to the fact that mental state does affect the body... and especially preformance.
02:05 PM on 02/21/2012
It isn't just the standing that is bad for teachers' health. Aside from constantly using the voice (even in soft tones) and getting hoarse (something several doctors have told me, and fellow educators, are occupational hazards), there is the constant exposure to and recycling of germs in the classroom, especially with the little ones who sneeze and cough all over us and into the air around.

The truth is, many jobs have risks, and most of us working are grateful to have jobs. Still, good health would be a nice benefit....
HUFFPOST SUPER USER
bi1
01:47 PM on 02/21/2012
i hear just trying to make a living these days is rough also ,They just need to stop with the whinning be happy you have job.
02:00 PM on 02/21/2012
The article apparently went right over your head
HUFFPOST SUPER USER
bi1
02:13 PM on 02/21/2012
Sure did,there are a lot of things that are rough today.
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HUFFPOST SUPER USER
tjamman
Tax The Rich Until It's FIXED!!
04:32 PM on 02/21/2012
so you have no regard whatsoever for the idea that 'health is your greatest wealth'.

hopefully you'll enjoy your 'retirement years' in a wheel chair!

stop whining and roll on... roll on...
HUFFPOST SUPER USER
bi1
08:40 PM on 02/21/2012
Gee ,i did not know my feet hurt why don't i buy some proper shoes and get a job sitting down.,Good grief
HUFFPOST SUPER USER
Kevinskogg
01:41 PM on 02/21/2012
They didn't even mention photoshop. That is evil, not only does media (which includes advertisers, marketers) pick a very small subset of women as ideal but then the pictures are changed into something even these rare specimens aren't. The simple fact is nobody can meet those standards, not even the standards. And for what? Ostensibly it is to attract males. However, while males may like a lot of these archetypes, not all of them are appealing to men. For example, the runway model type is very hit or miss. The unique faces and ultra thin body sometimes end up being ugly. That being said, focusing on the ones we like, even though the ideal is very nice to look at and desirable, you really don't have to be that close to the ideal to be desirable. Men can accept a great deal of substitution. Besides, if a man is only looking to be with the prettiest/sexiest female, eventually she will lose it and he will have to find the next.

It's ironic that the women who strive for and achieve the high level of attractiveness, and this is what the culture has told them to do, actually attract a mate that would generally not be suited for long term commitment. When you consider what females want, commitment, support, good provider, a long term relationship, it is striking that by improving their attractiveness they attract mates who are not interested in these things but interested in the hottest mate.
01:40 PM on 02/21/2012
Blah, Blah, Blah. Try stocking drywall all day. Try loading produce trucks all night long. Try working for a cut-rate roofing outfit that features some of the most gruelling, exhausting work available. Try being a delivery driver for an outfit that delivers food to restaurants and casinos just prior to a major holiday.

Yeah...they're all hard work. I've done them all and I benefitted from both the experience of the hard labor and money that I earned doing it. I hold a job as a professional engineer now and I don't feel sorry for anyone that complains about their work. You are what you make of yourself....and you get out of life exactly what you put into it.
01:59 PM on 02/21/2012
You actually sound bitter about something.
05:10 PM on 02/23/2012
I more-less agree with your sentiment here. Sure, all these jobs are stressful- I won't argue with that. However, we must still come to accept that we choose our own livelihood fully knowing or eventually learning of all the health hazards that said career will subject you to. Grueling hours, exhausting labor, and soul-crushing work environments... you stay or go of your own volition. Thank goodness we are privileged to even have a choice. Many are not so fortunate.

How you deal with these unsettling side effects depends exclusively on your own personal moral character. Certain jobs are by nature very dangerous and detrimental to one's health, but people will always do them if the price is right, or merely to have a source of income. Those of us who persevere and rise to greet challenges in a healthy manner will do so more effectively than those who are breaking their back's to get the job done only hastily. If you see that your job is breaking you down mentally or physically, the responsibility is on you to either quit or seek an alternative method of adaption to your job. Stress takes no prisoners, I got it. Before you complain to me about the damaging aspects of your job, ask yourself what it is your really trying to achieve here. Pity? Sympathy? Reverence? Is complaining about your job really a noble pursuit of any of these? Or maybe your just complaining to the wrong person...
01:33 PM on 02/21/2012
I'm sort of thinking "Porn Star" and "Skin Diver at the Sewer Treatment Plant" might have sufficient bacteriological exposure to be on this list. Crew Chief or Maintenance Officer on the C-123 "Ranch Hand" aircraft jobs are pretty much gone now, could have been on the list 40-45 years ago.
01:43 PM on 02/21/2012
Skin Diver at the Sewer Treatment Plan? Hahaha budshort.I bet the application for that job would have questions that sound something like:' Do you generally mind smell of crap, and how long can you hold your breath for?"
01:56 PM on 02/21/2012
Actually the tough days are when the SCUBA tank is empty and you need to use the snorkel. http://www.ecosafeseptic.com/ I'm the chubby guy on the far left...
01:31 PM on 02/21/2012
Try managing a retirment home. You ain't seen nutin yet.
01:30 PM on 02/21/2012
I remember a time when investment banking was a very hazardous profession. Back in "29, a lot of those fellas seemed to be falling out of the windows on Wall Street in those days. Too bad those same windows can't be opened from the inside these days.
HUFFPOST SUPER USER
bi1
01:44 PM on 02/21/2012
i wonder why. The problem was they were hitting the people in the soup lines below which were breaking their fall and they had to go up and do it again.Osha told them they also had to wear a helment ,EPA fined them for bleeding all over the side walk with out a pemit,Irs went after the family for evading taxes because they were not in court the day after and the judge issued a bench warrant and they had be exhumed so they could appear in court.
01:54 PM on 02/21/2012
Thanks for the great laugh.
01:27 PM on 02/21/2012
What this article failed to mention is: young investment bankers are greedy. That's why they work up to 120 hrs a week. I mean, any profession would kill ya if you pushed yourself to the limits.