The Deadly Effects of Long-Term Unemployment
Colorlines - CNN and the New York Times report new research that shows that long-term unemployment doesn’t just impact the jobless in the short-term, but has deep implications for the lifelong health and well-being of an individual as well as their children and families. One study by a sociologist at Albany, Kate W. Strully, found that people who lose their jobs are 83 percent more likely to develop stress-induced conditions, such as diabetes, arthritis, or depression.
Another paper by an economist at Columbia University, Till von Wachter, looked at mortality and income records of workers in Pennsylvania during the recession of the early 1980s. Wachter found that death rates increased astronomically for the unemployed in the year they lose their jobs, up to 100 percent. Mortality rates remained significantly higher for those that lose their jobs than for comparable workers who didn’t. In fact, the life expectancy of the unemployed is cut by a year to a year and a half. Read more.
Another paper by an economist at Columbia University, Till von Wachter, looked at mortality and income records of workers in Pennsylvania during the recession of the early 1980s. Wachter found that death rates increased astronomically for the unemployed in the year they lose their jobs, up to 100 percent. Mortality rates remained significantly higher for those that lose their jobs than for comparable workers who didn’t. In fact, the life expectancy of the unemployed is cut by a year to a year and a half. Read more.
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