Research finding · April 2025
Economic hardship, unemployment, and suicide rates interrelate between 2005 and 2017
Economic hardship has long been associated with increased suicide risk, yet the relationship between unemployment and suicide is not always straightforward. In the years following the 2008 Great Recession, suicide rates in the U.S. continued to rise even as unemployment rates declined, challenging traditional economic explanations of suicide risk. While personal financial strain can be a contributor, unemployment can also carry social and psychological consequences, including stigma, isolation, and shifts in self-perception. Understanding how broader economic conditions shape the meaning of unemployment — and, in turn, its impact on suicide risk — is critical for developing more effective prevention strategies.
With the data from his AFSP-funded grant on suicide risk in the LGBTQ+ population, Dr. Byungkyu Lee was also able to examine U.S. suicide deaths from 2005 to 2017 using multilevel data, exploring how individual unemployment status interacts with local and national unemployment rates. Dr. Lee found that unemployed individuals faced a higher risk of suicide, but this risk was lower in communities with high unemployment, where joblessness was more common and less stigmatized. Additionally, national spikes in unemployment appeared to reduce suicide risk among the unemployed, suggesting that large-scale economic downturns may shift the perception of job loss from personal failure to systemic failure. These results highlight the importance of social context in shaping suicide risk and suggest that policies aimed at reducing unemployment stigma and strengthening social support during economic crises could play a key role in suicide prevention.
Citation: Lee, B., & Pescosolido, B. A. (2024). Misery Needs Company: Contextualizing the Geographic and Temporal Link between Unemployment and Suicide. American Sociological Review, 89(6), 1104-1140. https://doi.org/10.1177/00031224241288179
This finding comes from an AFSP-funded study — see the grant below ↓