The Cost of the Great Recession: As Many as 20,000 Lives

June 12, 2014 5:33 PM

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The Cost of the Great Recession: As Many as 20,000 Lives

While the toll of the Great Recession is usually viewed in monetary terms, it cost a lot more than money for many families. According to a research paper published in the British Journal of Psychiatry, there were at least 10,000 additional suicides, and as many as 20,000, which took place in Canada, Europe, and the United States during the years of the Great Recession.

The researchers were able to find data showing suicide rates dramatically increased between 2008 and 2010 when millions of people lost their jobs and homes, while many others ended up taking on large amounts of debt. In some cases as with Europe in Canada, the suicide rates during these years revers...

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