Suicides due to economic problems sure to rise, says Journal of American Medical Association

According to the CDC, suicide is already the 10th leading cause of death in the United States. Those numbers have risen 35% in the last 20 years. And a new article in the Journal of the American Medical Association suggests we may be about to see another rise in those numbers due to the COVID-19 crisis.

The article states, "Economic downturns are usually associated with higher suicide rates compared with periods of relative prosperity.  Since the COVID-19 crisis, businesses have faced adversity and laying off employees. Schools have been closed for indeterminable periods, forcing some parents and guardians to take time off work. The stock market has experienced historic drops, resulting in significant changes in retirement funds. Existing research suggests that sustained economic stress could be associated with higher US suicide rates in the future."

Those economic factors, combined with social isolation, decreased community and religious support, barriers to mental health treatment, and other COVID-19 related issues, have created a perfect storm. Click here to read the article in full. 

While there is little law offices can do to address many of those problems, the one area we can assist is in the economic relief area. Through debt resolution, and other possible legal remedies including bankruptcy, the law office of T. Verner Smith can at least help remediate those concerns.  

If this crisis has created a personal financial situation you feel is out of control for you...contact us for a FREE CONSULTATION for debt resolution and/or bankruptcy at (731) 423-1888. The law office of T. Verner Smith has helped thousands overcome financial problems, and can help you too. Call today!