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Rising Suicide Rates in US and Europe Attributed to Unemployment, Say Experts

Rates of depression and suicide have increased during the US recession, and countries that have received economic buyouts by the EU are also seeing large spikes.

Economies are constantly in flux and there always seems to be a country having financial problems. Recent reports are showing that many countries within the European Union, and the United States, have increased their rates of depression and suicide. This historically has coincided with high unemployment rates and economic recessions, and history seems to be repeating itself in modern time.

Increased Suicide Rates in the EU

The medical journal The Lancet recently published a report on the suicide rate of countries within the European Union. As unemployment rates have risen between the years of 2020 '" 2020, so has the number of suicides in 9 out of 10 countries that were studied. These included the countries of the UK, Holland, Hungary, Lithuania, Czech Republic, Romania, Austria, Greece, Finland, and Ireland

They found that the suicide rates showed immediate increase as soon as pre-signs of economic problems occurred. These signs include problems initially appear in a country's banking system, which often leads to higher unemployment.

Greece has their suicide rates increase by 17%, Ireland increased by 13%, and Latvia by 17%. All three countries are experiencing economic problems, with Greece and Ireland having to recently receive economic bailouts from the EU.

The one anomaly on the study was Austria. The Austrians unemployment rate has moved up 0.6%, yet their suicide rates actually decreased. Researchers attribute this to having Austrians having established social networks to support each other.

Increased Suicide Rates in the United States

With the United States being in a recession for several years, the rates of depression and suicide have increased. Historically, the United States' suicide rate isn't as affected by the stock market activity as much as it is by the high unemployment rate.

During the Great Depression, unemployment rates were at 25%. The unemployment led to 14 people out of every 100,000 Americans committing suicide. As the situation continued to worsen, the suicide rates increased to 17 people out of every 100,000 Americans.

Dr. Berman is the executive director of the American Association of Suicidology. Dr. Berman says, "we will expect to see an increased rate of suicide if the recession is prolonged."

The National Suicide Prevention Line has seen a strong rise in calls during the recession. In Palm Beach, Florida, suicide calls have increased by 87%. In Oregon, the suicide calls have increased by 55%.

Alan Ross is the director of the Samaritans of New York. Ross says, "No one's talking about rebuilding the emotional and well-being of the public that is just as affected as the economy."

The Drastic Impact on Greece

The Greek economy has seen a recent turn for the worse, with the EU having to issue 12 billion Euros to keep the economy afloat. Prior to the economic crisis, the carefree Greeks were at the bottom in suicide rates within all of Europe.

Psychiatrists say that the number of Greeks seeking help has increased by 25-30% during their economic crisis. The suicide rates have already increased by 18%, and is expected to get worse.

Most of the suicides are being attributed to the areas of Athens and Crete, where many of the business people weren't able to find other ways to cope with the financial crisis.

Aris Violaztis is a Greek psychiatrist. Violaztis says, "[The Greeks] are ashamed. The entire world today thinks that the Greeks are cheaters and the black sheep of Europe. This is very hard to accept."

Sources:

Suicide Rates and Unemployment: The United States Recession

Suicide Rates and Unemployment: The EU

Suicide Rates and Unemployment: Greek Financial Crisis