The Great Recession that began in late 2007 resulted in about 12,940 suicides in North America and Europe -- and many of them could have been prevented, researchers said Wednesday.
In the decades since, researchers have documented time and again that suicides become more frequent during recessions and depressions. The new study, published in the British Journal of Psychiatry, estimates part the tally for the Great Recession.
In the United States, the suicide rate was rising even before the subprime loan crisis sent global financial markets into a tailspin. Data from the
In Europe, the suicide rate had been falling in the years before the recession, according to data from the World Health Organization. That trend reversed after the meltdown; the suicide rate rose 6.5%, which translates into 7,950 "excess suicides" between 2007 and 2010, the researchers wrote.
The story was similar in Canada, where a once-declining suicide rate wound up rising 4.5% between 2007 and 2009. That resulted in 240 "excess suicides" nationwide, according to the study.
The good news is that the researchers -- sociologists and public health experts from the
Also, the increase in suicide was about four times greater in men than in women. This may reflect the fact that losing a job poses a greater "status threat" for men than for women, but perhaps this could change if there were "greater gender equity in the workplace," the study authors wrote.
The researchers offered two specific policy proposals that might buffer the effects of future recessions on mental health. One was to expand programs to help unemployed workers find new jobs. One study in Europe have found that every $100 invested in such programs was associated with a 0.4% reduction in suicides.
The other suggestion was for doctors to step up their prescriptions for antidepressants. The majority of people who commit suicide suffer from clinical depression, so treating depression more aggressively ought to make a difference, they wrote. However, they acknowledged that actual studies -- including a 2005 meta-analysis published in BMJ -- have failed to show that increased use of antidepressants was linked to any reduction in suicides.