Monday, June 13, 2016
Economy killing middle class … literally
A byproduct of the eviscerating of America’s middle class: The suicide rate is at a 30-year high and up 24% since 1999.
The worst increase was for men and women between the ages of 45 to 64. Experts blame soaring joblessness, home foreclosures and bankruptcies.
Among those 75 or older, suicides have decreased because these categories don’t impact that age group nearly as much.
The suicides took a sharp spike after 2006, when the housing crisis and unemployment struck hard.
The report is in the June 2016 AARP bulletin. AARP stands for American Association of Retired People, but takes in some who are not in that category.