Tag Archives: economic downturn

UCLA-led study shows intoxication played bigger role in suicide deaths during economic downturn

People who committed suicide during the Great Recession of 2008 and 2009 were more likely to have been legally intoxicated at the time than those who committed suicide during other recent years, according to research led by UCLA professor Mark Kaplan.

Although one-third of all people who commit suicide are intoxicated at the time of their deaths, extensive research has shown that individuals who are unemployed or at risk of unemployment in a down economy are at increased risk for suicide. At the same time, people overall tend to consume less alcohol during economic recessions. (more…)

Read More

Use of Out-of-Network Services May Explain Higher Health Care Costs For Women

Women generally have been paying higher health care costs than men for many years, and this trend appears to be continuing or worsening since the major economic downturn began in 2008, according to Susan Busch, associate professor of health policy in the Yale School of Public Health.

Busch believes women’s use of out-of-network services might explain, at least in part, this discrepancy. (more…)

Read More

10 Reasons Why It Has Become So Soul-Crushingly Difficult To Find A Job In America Today

Have you been unemployed lately?  If so, then you probably know how frustrating it is to try to find a job in the United States today. It now takes the average unemployed worker about 33 weeks to find a job.  There are millions of Americans that have not been able to find a full-time job even after searching hard for an entire year.  Some areas of the United States have been devastated so badly by the economic downturn that they are starting to resemble war zones. 

Unless you have been there, it is hard to even try to describe the extreme frustration that one feels when you are unable to pay the mortgage and feed your family.  It can be absolutely soul-crushing.  But it is not the fault of those who are unemployed.  The truth is that our economy is dying and it is not producing nearly enough jobs anymore.  Unfortunately, as you will see from the facts listed below, most of the things that are causing our economy to die have no realistic chance of being changed any time soon.

The following are 10 reasons why it has become so insanely difficult to find a job in America today…. (more…)

Read More

Shark Attacks Increase Worldwide; Florida Continues Four-year Decline

GAINESVILLE, Fla. — The number of reported shark attacks last year increased worldwide but declined in Florida, according to the University of Florida’s International Shark Attack File annual report released today.

Ichthyologist George Burgess, director of the file housed at the Florida Museum of Natural History on the UF campus, said Florida typically has the highest number of attacks worldwide, but 2010 marked the state’s fourth straight year of decline. Florida led the U.S. with 13 reported attacks, but the total was significantly lower than the yearly average of 23 over the past decade. (more…)

Read More

Mortgage Defaults at Lowest Levels in Five Years

ANN ARBOR, Mich.—Default risk on home loans fell once again this quarter to its lowest level in more than five years, says a professor at the University of Michigan’s Ross School of Business.

Dennis Capozza, professor of finance and real estate and the Dykema Professor of Business Administration, says that under current economic conditions, investors and lenders should expect defaults on loans currently being originated to be just slightly higher than mortgage defaults in early 2005. (more…)

Read More

Football Saves Spain’s Economy from Decline

The victory of the Spaniards over the Dutch in the World Cup will help the economy, experts say.  

The euphoria of the victory improves the mood of the population, and the population in a good mood begins to spend more money and shop more frequently.

(more…)

Read More