I don't think it's 40,000 suicides but additional deaths : https://www.edhovee.com/edhblog/2020/5/6/more-deaths-from-unemployment-than-covid https://www.edhove

I don't think it's 40,000 suicides but additional deaths : https://www.edhovee.com/edhblog/2020/5/6/more-deaths-from-unemployment-than-covid https://www.edhovee.com/edhblog/2020/5/6/more-deaths-from-un... The actual paragraph of interest from the 2005 book is this: “According to one study [the one by Bluestone et al.], a 1 percent increase in the unemployment rate will be associated with 37,000 deaths (including 20,000 heart attacks), 920 suicides, 650 homicides, 4,000 state mental hospital admissions and 3,300 state prison admissions.” Actually the author of that post thinks the number is higher at 47,500 based on data: And the impact likely is now greater than estimated by Bluestone, Harrison, and Baker nearly 40 years ago. With this updated analysis, a more current estimate appears to be more in the range of 47,500 deaths for every 1% point increase in America’s average annual unemployment rate.