Associations of suicide rates with world socioeconomic status is significant to public mental health. Besides, suicide represents a significant challenge to public mental health. However, associations of suicide rates provide empirical evidence for prevention strategies. Furthermore, the current hypothesis shows current low socioeconomic status levels and high social isolation that link to increasing suicide rates. Moreover, the effects of world socioeconomic rates and social isolation associates with mental illnesses. Consequently, with regard to prevention, it is of particular significance that sociodemographic characteristics mediate suicide risks. A systematic review of population-level studies reveals associations of poverty and suicide rates. Ultimately, an increase in suicide rates also links to rising unemployment rates.
ASSOCIATIONS OF SUICIDE RATES TO ECONOMIC FACTORS
Suicides account for more than 30000 deaths per year in the US alone. Associations of suicide rates change over time, and the factors affecting them are poorly understood. Economic factors, in particular unemployment, suggests a significant influence. However, the evidence of this is inconsistent, which partly explains by shortcomings the use of statistical methods. Moreover, time series analytical techniques apply to test the associations over time between economic factors. Besides, world socioeconomic rates are in direct correspondence to suicide rates. Therefore, an increase/decrease in unemployment predicts an increase/decrease in suicide rates over long historical periods. In short terms, rising unemployment rates are a significant elevation of suicide rates.
HOW RISING UNEMPLOYMENT RATES AFFECTS EVERYBODY
The national unemployment rate is the percentage of jobless workers in the total labor force. Primarily, the high rates of unemployment are the leading associations of suicide rates. Moreover, the unemployment rate attracts a lot of media attention, especially during recessions and challenging economic times. Besides, the level of persistence of the factors of unemployment has wide-ranging impacts across the broader economy. Additionally, unemployment adversely affects world socioeconomic rates. Moreover, it affects the disposable income of families, erodes purchasing power, and diminishes employee morale. Besides, when companies are trying to cut costs, they often reduce their workforce to their cost-saving measures. Therefore, governments should work towards cubbing the rising unemployment rates to reduce suicide rates.
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