Getting Laid-Off May Lead to Early Death — But There Are Ways to Cushion the Severe Health Impact of Job Loss
by Tom JacobsMiller-McCune.com, July 1, 2009
Link to article
The following is an excerpt from Alternet.org. Click on link to read entire article.
“When you lose your job, with no prospect of finding another one quickly, you give up a lot more than income. You are deprived of a sense of security, a source of self-esteem, a certain status in the community. And, according to recent research, you also lose something even more precious: a year or more of your life.
That’s the conclusion of two prominent economists, Daniel Sullivan of the Federal Reserve Bank of Chicago and Till von Wachter of Columbia University. Matching death records with employment and earnings data of Pennsylvania workers from the 1970s and ’80s, they found mortality rates for high-seniority male workers spike sharply in the year following an involuntary job loss, and they remain surprisingly high two decades later.
If this higher death rate persists into old age, it implies “a loss in life expectancy of 1 to 1.5 years for a worker displaced at age 40,” the researchers report. Or as von Wachter puts it more informally: “We were convincingly able to show that if you lose your job, you die earlier.” …”
Tags: Daniel Sullivan, mortality rates for high-seniority laid off workers, Till von Wachter
July 4th, 2009 at 11:45 am
Good article but it doesn’t go to the core nor the hear of this life/death matter millions of Americans face in our deteriorating democracy. If you’d like to hear the real truth about the death rate, please go to Martha Rose Crowe’s website http://www.hiddenmurder.org and read her well researched article on AMERICAN AUTOGENOCIDE, or e-mail me and I will e-mail my recent article to Obama, Biden, Pelosi and the entire US Senate entitled AMERICAN AUTOGENCOIDE: THE FREE-MARKET FINAL SOLUTION TO SINGLE-PAYER HEALTHCARE COURTESY OF THE KILLERS ON CAPITAL HILL. Indeed, my scating article got a response from VP Joe Biden asking me to tell my story. Well, I did tell my story, as well as thestory of milions of other Americans without access to healthcare, affordable insurance, and a whole lot more. Happy reading America.
July 15th, 2009 at 2:59 pm
email me at choctawcherokeewriter@yahoo.com, and I will send you the above named article. Martha’s blog is http://www.hiddenmurder.org, or just type in American autogenocide and you can pull it up.