Recovery Hasn’t Abated Suicide Epidemic, Asserts Congressional Democratic Report
Conventional wisdom says suicides rise when times are bad and fall when the economy brightens again.
But this time, that’s not happening, according to a report put out today under the direction of House and Senate Joint Economic Committee Lead Democrat, New York City’s 12th District Representative Carolyn Maloney.
Suicides increased by 30% in the last two decades, “perhaps correlated” with the rise economic distress from mortgage defaults and rising unemployment before and after the recent recession of the early 2000s and the 2007 to 2009 financial crisis, the study notes.
But in the decade since, what the report calls an epidemic of people taking their own lives has not abated.