Latest News in the Business and Financial World

Wednesday, April 21, 2021
Log in
  • Home
  • Company News & Financials
  • OTC Markets
  • Tech & Science
  • Health & LifeStyle
  • About WS OTC
    • Analysts & Contributors
    • Contact Us
    • Advertising
    • Feedback
    • Privacy Policy GDPR
  • Mobile
  • Latest News
    • New Theories Explain the Disappearance of the Mayan Civilization
    • What Happens If Coral Reefs Die?
    • Monsanto Loses Lawsuit for its Herbicide Products
    • Mankind (MNKD) shares Plunge after FDA Approves Afrezza, inhaled Insulin for Diabetes patients
    • Psychologists Confirm that Violent Video Games Boost Aggressiveness
    • World of Warcraft: Warlords of Draenor Release Date on Nov 13
    • iPass Global Hotspot Map Unveils Worldwide Wi-fi Coverage

Pages

  • About Wall Street OTC
  • Advertising
  • Analysts & Contributors
  • Contact
  • Feedback
  • Mobile
  • Privacy Policy GDPR
  • Terms of Service

Recent Posts

  • SF Hospital Slaps New Parents with $19K Bill for Baby Treatment
  • Furious Trump Blasts Harley-Davidson for Moving Production Overseas
  • Warning! MRI Machines Could Poison You
  • Flight Attendants More Likely to Get Certain Cancers
  • More Red Meat Allergy Cases Related to Lone Star Tick Bites

Many Hard-Working Americans Resorted to Suicide due to the Financial Crisis, Study

Feb 28, 2015 By Kevin Calderon 1 Comment

Email, RSS Follow

Many Hard-Working Americans Resorted to Suicide due to the Financial Crisis, Study

A new study suggests that the latest economic crisis may have taken a heavy toll on the lives of many hard-working, middle-aged Americans, since many of them weren’t able to face the added financial pressure and resorted to a man’s most extreme act – suicide.

Researchers found that job loss, debts, and other crisis-related problems may have played a crucial role in nearly 38 percent of all middle aged suicides recorded in America since 2010. Since the financial crisis began in December 2007, financial crisis-related suicide rates rose from just under 33 percent which was the average level since 1998, the new study claims.

The study results were published Friday in the American Journal of Preventive Medicine.

Moreover, the research revealed that mental health issues was the top ranking cause that pushed many middle aged Americans towards their final act, while four out of five were suspected of having a mental health illness.

However, scientists explained that the extra financial pressure brought in by the crisis may have been the final straw for many people that were already struggling with their inner imbalance. On the other hand, the link between the recent economic depression and the boost in suicides among middle-aged, working Americans was not yet proven to be a cause-and-effect relationship, scientists disclosed.

Katherine Hempstead, lead author of the study and chief of the Center for State Health Policy at Rutgers University in Princeton, N.J., believes that midlde-aged Americans were the group that bore the burden of the major economic distress America was put through this recent years.

Hard-working, middle aged Americans had to pay their loans, faced lay offs, had to get money to send their kids to college or support their aging parents, while also having less time to compensate for the economic losses since retirement was getting closer. So, those already affected by internal struggles broke than, researchers believe.

Past studies revealed alarmed suicide rates in America since the number of middle-aged adults that had chosen to self-terminate their lives skyrocketed since 1999. Over the last 15 years or so the rates have risen by nearly 40 percent, study authors noted, but the major increase was recoded between 2007 and 2010. In December 2007, the world was officially undergoing an economic crisis.

The initial goal of the study was to find whether the last economic recession had something to do with the dramatic boost in the suicide cases that had involved middle-aged adults since 2007 and assessed possible links between the two in 16 states.

Image Source: Johnson Law Offices

Email, RSS Follow
The following two tabs change content below.
  • Bio
  • Latest Posts

Kevin Calderon

Kevin is a content-crafter at Wallstreet OTC specializing in editorial and news. He promised us that he will keep his articles short but he always seem to stop only when the character count maximum.

Latest posts by Kevin Calderon (see all)

  • Scientists Detect A New Species Of Jurassic Ancestor Of The Crocodile - Oct 3, 2017
  • The Wombats Have Giant Ancestors That Used To Migrate Annually - Sep 28, 2017
  • Coffee And Bees Are Both Tied And Dependent On The Climate - Sep 13, 2017

Filed Under: Health & LifeStyle

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 72 other subscribers

Mom holding newborn's hands

SF Hospital Slaps New Parents with $19K Bill for Baby Treatment

Jun 29, 2018 By Anne-Marie Jackson Leave a Comment

Harley-Davidson biker

Furious Trump Blasts Harley-Davidson for Moving Production Overseas

Jun 28, 2018 By Anne-Marie Jackson Leave a Comment

MRI machine

Warning! MRI Machines Could Poison You

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Flight Attendants More Likely to Get Certain Cancers

Jun 27, 2018 By Anne-Marie Jackson Leave a Comment

Lone star tick sitting on a succulent leaf

More Red Meat Allergy Cases Related to Lone Star Tick Bites

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Time magazine cover

Time Admits Sobbing Cover Girl Was Not Separated from Parents

Jun 26, 2018 By Anne-Marie Jackson Leave a Comment

Sunshine and green leaves

Vitamin D Deficiency Could Boost Risk of Lung Disease

Jun 25, 2018 By Anne-Marie Jackson Leave a Comment

Green-light laser pointer

Greek Boy’s Retina Severely Damaged by Laser Pointer

Jun 22, 2018 By Anne-Marie Jackson Leave a Comment

Red Tesla car

Tesla Suing ‘Whistleblower’ over Data Theft

Jun 21, 2018 By Anne-Marie Jackson Leave a Comment

Boiled eggs and mayonnaise

Eating too Clean Can Lead to Orthorexia

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

NYC mayor Bill de Blasio

NYC Will Allow People to Smoke Pot in Public

Jun 20, 2018 By Anne-Marie Jackson Leave a Comment

A kitten and a puppy sleeping in a bed while hugging each other

Who Is Smarter Between Cats and Dogs? Researchers Have an Answer (Study)

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Orthodox church in Greece

Being Religious Is Tied to Longer Lifespan, Study

Jun 19, 2018 By Anne-Marie Jackson Leave a Comment

Bacon and eggs for breakfast

How Does the Keto Diet Work?

Jun 18, 2018 By Anne-Marie Jackson Leave a Comment

Related Articles

  • Mom holding newborn's hands

    SF Hospital Slaps New Parents with $19K Bill for Baby Treatment

    Jun 29, 2018
  • MRI machine

    Warning! MRI Machines Could Poison You

    Jun 27, 2018
  • Lone star tick sitting on a succulent leaf

    More Red Meat Allergy Cases Related to Lone Star Tick Bites

    Jun 26, 2018
  • Sunshine and green leaves

    Vitamin D Deficiency Could Boost Risk of Lung Disease

    Jun 25, 2018
  • Green-light laser pointer

    Greek Boy’s Retina Severely Damaged by Laser Pointer

    Jun 22, 2018
  • Boiled eggs and mayonnaise

    Eating too Clean Can Lead to Orthorexia

    Jun 20, 2018
  • Orthodox church in Greece

    Being Religious Is Tied to Longer Lifespan, Study

    Jun 19, 2018
  • Office workers

    Free Workplace Food Is Packed with Empty Calories (Study)

    Jun 13, 2018
  • Basil leaves in a wooden spoon next to some cherry tomatoes

    Plant Foods Are the Secret to Longevity and a Healthy Life

    Jun 12, 2018
  • hotel room

    Scientists Paying Volunteers $3,500 to Stay at ‘Flu Hotel’

    Jun 11, 2018

Categories

  • Business
  • Company News & Financials
  • Diversified Financial
  • Entertainment
  • Featured
  • Health & LifeStyle
  • Micro Cap
  • Mid Cap
  • National News
  • Nature
  • OTC Exchange
  • OTC Markets
  • OTC Research
  • Science
  • Small Cap
  • Sports
  • Tech & Science
  • U.S.
  • Uncategorized
  • Wall Street
  • World
  • World Indexes

Copyright © 2021 wallstreetotc.com

About · Privacy Policy · Sitemap · Terms of Service · Contact