Published On: Mon, Jul 11th, 2011

Suicide Connected With Money Problem

Suicides linked to money problems

Health analysts are of the opinion that monetary crisis is the cause of rise in suicides across Europe.

The research by the scientists of US and UK found increase in suicides in working group from 2007 to 2009 in nine out of 10 countries which were studied.

The Lancet revealed that rise varied from 5% and 17% for under 65s after a time period of declining suicide rates.

The scientists told that investment in welfare systems was an important factor in making the rates decrease.

They discussed that initiating the support to back up the people to resume their job or devise ways to refrain them from losing their jobs at the first place more necessary than providing them profits.

The group utilized World Health Organization information to contrast rates in 10 nations including UK.

‘Total Change’

In this time period, unemployment increased by a third.

Suicide rates decreased only in Austria. It was so because this nation is less open to monetary crisis as compared to others.

In the increased rates Finland was okay while Greece had a worst record. The increase of 10% to 6.75 suicides per 100,000 people was recorded in UK.

Dr David Stuckler, one of the scientists, told: “There was a complete turnaround. Suicides were falling before the recession, then started rising in nearly all European countries studied. Almost certainly these rises are linked to the financial crisis.”

He also expressed the possibility of other health effects from the financial problems as the result on heart disease and cancer rates would not be observed for many years.

‘Main Danger Causes’

The scientists also found that deaths due to road accidents decreased in this time period- a tendency which was related to the decrease in automobile use which is seen in harsh economic times.

A research early this year revealed hat there was an increase in prescription of anti-depressant medicines in the economic crisis.

The doctors told that recommendations for medicines like Prozac increased by more than 40% in the past four years and many people were coming to them with money problems.

Andy Bell, deputy chief executive of the Centre for Mental Health, said: “We know that unemployment and the fear of unemployment are major risk factors for poor mental health”.

“This research shows how important it is that we treat the mental health of people who are not just out of work but also in work but fear losing their jobs as a major public health issue”.