Study shows: People who earned less than $34,000 were 50 percent more likely to commit suicide

[BornStar]

Researchers have long been fascinated by the idea that people who spend too much time "keeping up with the Joneses" are only increasing their likelihood of suicide.

For the first time, there's concrete evidence to back up the theory.

Researchers from the San Francisco Federal Reserve found people who earn 10 percent less than their neighbors are 4.5 percent more likely to commit suicide.

While the effect was seen among high-earning individuals, the most vulnerable to this phenomenon are low-income people living amongst the wealthy.

Here are some of the financial factors that contribute to suicide:

Location, location, location. Poverty has been shown to increase suicide risk, but location plays a big role as well. Low-income individuals who lay down roots in wealthier communities are essentially setting themselves up for disaster. Not only do they have less cash to afford a higher cost of living –– health care, housing, and other expenses are typically higher in high-income areas –– but they're basically living inside of the wealth gap. That all leads to an increased risk for suicide.

$34,000 is the misery line. If earning $75,000 annually is the benchmark for financial happiness –– earnings over that amount haven't been shown to increase happiness in the long-term –– then consider $34,000 the new tipping point for financial misery. People who earned less than $34,000 were 50 percent more likely to commit suicide, researchers found. People who earned between $34,000 and $102,000 increased their risk for suicide by only 10 percent.

Unemployment. The secret to happiness may simply be having a 9-to-5. "We find that being unemployed or out of the labor force, for any reason, raises suicide risk relative to being employed," the researchers write. Unemployed people, in fact, are 72 percent more likely to commit suicide than people who are working. Retirees and people on leave from work also had higher suicide rates.

The study, "Relative Status and Well Being: Evidence from U.S. Suicide Deaths," was based on data from the National Longitudinal Mortality Study and the National Center for Health Statistics’ Multiple Cause of Death Files, along with 1990 census data.

'Keeping Up With The Joneses' Could Lead To Suicide

A new study explores the connection between wealth and suicide rates.

www.businessinsider.com

 

[the elastic]

 

[BornStar]

I knew it

This thread is too pitiful for 6 figs 6 cert gang get this weak misery babble outta here

 

[Hawala Man]

I wonder why those in Asia, Africa and South America living in more harsh environments, less access to health-care and making way less don't commit suicide?

Land of unlimited opportunities they said....

 

[BornStar]

I wonder why those in Asia, Africa and South America living in more harsh environments, less access to health-care and making way less don't commit suicide?

Those different mindset , different standards, no entitlement 3rd world places run by a different code this an American study..

I guess this is a first world only issue

I wouldn't be surprised if social media changes the standards.

 

[Elim Garak]

You mean to tell me poor people are more depressed in a capitalistic society?

 

[BornStar]

You mean to tell me poor people are more depressed in a capitalistic society?

By approximately 50% ..

 

[the elastic]

I wonder why those in Asia, Africa and South America living in more harsh environments, less access to health-care and making way less don't commit suicide?

Land of unlimited opportunities they said....

They kill themselves over bad grades over there, you forgot?

 

[DEANBIGBROTHERALLMIGHTY18]

I wonder why those in Asia, Africa and South America living in more harsh environments, less access to health-care and making way less don't commit suicide?

Land of unlimited opportunities they said....

People in those countries have no myth to look towards. Whatever class you are born in, you are stuck in for the most part. And most people in those countries just accept that reality.
Whereas in the US, people are taught and bombarded to believe in the "American dream". And when you don't achieve the American dream you feel like there's something wrong with you and you no longer have any hope for the future.

 

[Doobie Doo]

$34,000 is the misery line. If earning $75,000 annually is the benchmark for financial happiness –– earnings over that amount haven't been shown to increase happiness in the long-term –– then consider $34,000 the new tipping point for financial misery. People who earned less than $34,000 were 50 percent more likely to commit suicide, researchers found

Kill yourself over 40000 crehs

 

[Anerdyblackguy]

And it’s not just suicide all of this white nationalist rhetoric transpiring over the last 6-7 years are connected to low wage work and the economy. As Scott Calloway says : The US is producing too many 'lone, angry and broke' men.

 

[Hawala Man]

Those different mindset , different standards, no entitlement 3rd world places run by a different code this an American study..

I guess this is a first world only issue

I wouldn't be surprised if social media changes the standards.

These American studies are conducted by cacs and only include a cac consensus unless details are outlined.

People in those countries have no myth to look towards. Whatever class you are born in, you are stuck in for the most part. And most people in those countries just accept that reality.
Whereas in the US, people are taught and bombarded to believe in the "American dream". And when you don't achieve the American dream you feel like there's something wrong with you and you no longer have any hope for the future.

Cultural beliefs and religion play a larger role.

 

[Wildhundreds]

Especially if your brain is saturated with social media 24/7 making you believe everyone else is doing great.

 

[Ozymandeas]

 

[MikelArteta]

alot of these people are homeless or struggling with mental illness