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Unemployment and Midlife Suicide Rates in Australia, 2001-2015: Implications During the COVID-19 Pandemic

Journal: Journal of Economics and Business (Vol.3, No. 4)

Publication Date:

Authors : ;

Page : 1209-1228

Keywords : Labour; Suicide; Socioeconomic; Regression; COVID-19;

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Abstract

The world is experiencing a massive economic shock from the COVID-19 pandemic. Resulting unemployment and socioeconomic disruption have the potential to lead to a major upswing in the population rate of suicide in Europe and elsewhere. We assessed the association between midlife suicide rates and unemployment for Australia. For the midlife group we found a rapid decrease in the rate from 1970s to 1980s, but a more apparent increase after 2007. The increased male suicide rate coincided with the 2008 global financial crisis. The relationship between worsening employment outcomes, including suicide, is a great tragedy and deserves urgent further investigation.

Last modified: 2020-10-03 09:28:52