A $1 increase in the minimum wage was linked to a 3.5% to 6% decline in the suicide rate among people with high school education or less in a 26-year study.
The answer appears to be yes.reveals that when U.S. states raised the minimum wage by a single dollar, suicide rates fell among residents clustered around the bottom rung of the socioeconomic ladder.
And the higher the unemployment rate, the stronger the link. When a state’s jobless rate topped 6.5%, a $1 boost in the minimum wage was followed by a roughly 6% drop in the suicide rate among working-age adults with a high school degree or less — in other words, among those most likely to work in minimum-wage jobs.But even in periods of low unemployment, when the jobless rate dropped to 3%, suicides still declined by 3.
The new study suggests that paying low-wage workers an extra buck an hour could not just save lives but slow the recent decline in U.S. life expectancy. Had the federal minimum wage been raised by $1 after 2009, when the joblessness of the Great Recession reached its peak, the suicides of 13,800 working adults with 12 years or less of schooling could have been prevented over the ensuing years, the researchers calculated.
Researchers increasingly perceive a connection among these grim trends. These so-called deaths of despair have been most evident in communities drained of economic vibrancy by theand other trades that offered a path to the middle class without a college degree. “The American dream hasn’t panned out and expectations have not been met for such workers,” said Rutgers University sociologist
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