Great Recession resulted in 10k suicides

  • The Great Recession resulted in more than 10,000 additional suicides, as per researchers. The recent study found that the rate of suicide increased in European countries where it had been on a decline, but increased noticeably in the US due to economic crisis, where it was already on the rise. 

    However, it appears that the rate was not affected in regions where there were social programs to help people who had lost their jobs. 

    "The social welfare aspects of economic downturns like this cannot be ignored," a Columbia University professor said. "When our economic belts get a little too tight, we shouldn't be cutting things that help the average Joe." 

    Tagged as: the great recession suicides, the great recession, suicide rate economic downturn, money news, business news