Economic Impact on Health and Well-Being: Comparative Study of Israeli and Japanese University “Help” Profession Students

Background: Deteriorating economic conditions caused by rising inflation and living expenses can have negative consequences for university students. This comparative study examined Israeli and Japanese “help” profession (e.g., medicine, nursing, social work, and psychology) students’ fear of such conditions and its impact on their health and well-being. Methods: Data were collected from a cross-sectional sample of 848 university students from Israel and Japan (78.9% female, 20.4% male, and 0.7% other) during a 3-month period of economic decline in 2022. Reliable data-collection instruments and SPSS (version 25) were used for the study. Results: Overall, Japanese students evidenced a higher level of economic well-being than their Israeli counterparts. This finding may have been a result of the lower inflation and living costs in Japan. However, most survey respondents evidenced a fear of deteriorating economic conditions that was significantly associated with psycho-emotional behavior, including increased burnout, substance use, unhealthy food intake, weight gain, and resilience regardless of gender and religiosity. Conclusions: The study findings showed the impact of deteriorating economic conditions on the health and well-being of “help” profession students. These results are preliminary; however, they do serve as an early warning of the key challenges that may need to be considered and addressed for prevention and intervention purposes. Further research should be conducted in other countries and over different time periods to substantiate present findings.