Tag Archives: great recession

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…)

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American Families Taking ‘Divergent Paths,’ Study Finds

Inequality Linked to ‘Marriage-Go-Round’ Among Some Groups

COLUMBUS, Ohio – After a period of relative calm during the 1990s, rapid changes in American families began anew during the 2000s, a new analysis suggests.

Young people delayed marriage longer than ever before, permanent singlehood increased, and divorce and remarriage continued to rise during the first decade of the century. (more…)

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Big Data + Great Western Bank = Triumph in a Time of Austerity

Editors at Microsoft News Center recently spoke with Ron Van Zanten, vice president of Data Quality at Great Western Bank, to learn more about how big data solutions from Microsoft help his institution more easily attract and retain customers.

REDMOND, Wash. Feb. 14, 2013 —Remember 2008? It was the year the Great Recession descended, bringing the global economy to a near-standstill. The financial meltdown on Wall Street flowed through main streets around the globe, destroying many community banks in its path. In fact, according to the IMF, through 2010 the recession had already drained a whopping $3.4 trillion from financial institutions around the world.

Which makes Great Western Bank’s story truly amazing. As some institutions shuttered and shrank, Great Western reinvested – in its people, customers and in how it uses technology to make its business better. (more…)

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Financial Crisis to Blame for Increased Suicides in Italy

ANN ARBOR, Mich.— The global financial crisis has contributed to an increase in the rates of suicide and attempted suicide for economic reasons in Italy, new research shows.

A team of researchers, co-led by Roberto De Vogli, associate professor of health behavior and health education at the University of Michigan School of Public Health,

looked at data from 2000-10 and found an increase in suicides and attempted suicides for economic reasons during the entire period. (more…)

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Negotiating Better Mortgage Rates

Many of the best real estate investors in the world will tell you that the best real estate deals are often done during times of economic volatility. The most current recession is no exception to this rule.

Savvy real estate investors are able to negotiate much better mortgage rates for themselves in the wake of the Great Recession than they would ever have been able to do in more stable economic times. If you are looking for a home or investment property, heed the opportunity that you have with historically low interest rates and loaning institutions that are looking to quickly get rid of all of the properties on their books.

However, banks are still out to make a profit and they will not give away the information that you need to get yourself better deals. Below are a few techniques that you can use to negotiate yourself the absolute best mortgage rate that a loaning institution is willing to give. (more…)

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