The link between unemployment and suicide rate before and during economic crises

An economic crisis would accelerate unemployment which then could af ect people's welfare and mental health. This situation is afraid to lengthen and could trigger the suicide rates. This study aims to examining the relationship between unemployment and the suicide rate before and during the...

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Main Authors: Ameir Rahmad, Wye, Chung Khain
Format: Article
Language:English
Published: Fakulti Sains Sosial dan Kemanusiaan, Universiti Kebangsaan Malaysia 2022
Online Access:http://journalarticle.ukm.my/20899/
http://journalarticle.ukm.my/20899/1/507-Article%20Text-750-1-10-20221125.pdf
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author Ameir Rahmad,
Wye, Chung Khain
author_facet Ameir Rahmad,
Wye, Chung Khain
author_sort Ameir Rahmad,
building UKM Institutional Repository
collection Online Access
description An economic crisis would accelerate unemployment which then could af ect people's welfare and mental health. This situation is afraid to lengthen and could trigger the suicide rates. This study aims to examining the relationship between unemployment and the suicide rate before and during the Asian Financial Crisis and the Global Financial Crisis for developed and developing countries. This study used cross-sectional data and applied the ordinaryleast squares (OLS) regression model to complete the investigation. The result indicates thatthere is a positive relationship between the unemployment rate and the suicide rate in the developing countries during the crises. Meanwhile, developed countries had dif erent relationships during dif erent crises. Furthermore, the impact of unemployment toward suicide is adversely af ecting developing countries than developed countries during a crisis. By comparing the severity between the Asian Financial Crisis and the Global Financial Crisis, the result shows that the Asian Financial Crisis is more disastrous due to excessive suicide compared to the Global Financial Crisis. This study suggests that the readiness ofthe government to face a crisis by implementing ef ective policies could lessen the impact.
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spelling oai:generic.eprints.org:208992022-12-29T08:28:30Z http://journalarticle.ukm.my/20899/ The link between unemployment and suicide rate before and during economic crises Ameir Rahmad, Wye, Chung Khain An economic crisis would accelerate unemployment which then could af ect people's welfare and mental health. This situation is afraid to lengthen and could trigger the suicide rates. This study aims to examining the relationship between unemployment and the suicide rate before and during the Asian Financial Crisis and the Global Financial Crisis for developed and developing countries. This study used cross-sectional data and applied the ordinaryleast squares (OLS) regression model to complete the investigation. The result indicates thatthere is a positive relationship between the unemployment rate and the suicide rate in the developing countries during the crises. Meanwhile, developed countries had dif erent relationships during dif erent crises. Furthermore, the impact of unemployment toward suicide is adversely af ecting developing countries than developed countries during a crisis. By comparing the severity between the Asian Financial Crisis and the Global Financial Crisis, the result shows that the Asian Financial Crisis is more disastrous due to excessive suicide compared to the Global Financial Crisis. This study suggests that the readiness ofthe government to face a crisis by implementing ef ective policies could lessen the impact. Fakulti Sains Sosial dan Kemanusiaan, Universiti Kebangsaan Malaysia 2022-11 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/20899/1/507-Article%20Text-750-1-10-20221125.pdf Ameir Rahmad, and Wye, Chung Khain (2022) The link between unemployment and suicide rate before and during economic crises. Jurnal Wacana Sarjana, 6 (5). pp. 1-16. ISSN 2600-9501 https://spaj.ukm.my/jws/index.php/jws/issue/view/28
spellingShingle Ameir Rahmad,
Wye, Chung Khain
The link between unemployment and suicide rate before and during economic crises
title The link between unemployment and suicide rate before and during economic crises
title_full The link between unemployment and suicide rate before and during economic crises
title_fullStr The link between unemployment and suicide rate before and during economic crises
title_full_unstemmed The link between unemployment and suicide rate before and during economic crises
title_short The link between unemployment and suicide rate before and during economic crises
title_sort link between unemployment and suicide rate before and during economic crises
url http://journalarticle.ukm.my/20899/
http://journalarticle.ukm.my/20899/
http://journalarticle.ukm.my/20899/1/507-Article%20Text-750-1-10-20221125.pdf