Jobs Lost ... Lives Lost

April 24 2020

“Everything ... affects everything” ― Jay Asher

• There were 5.79 million unemployed in the United States as of February 20 of 2020;

• The number increased to 7.14 million by March 20th;

• Additional 26.45 million filed for unemployment as of April 23rd;

• This brings the total to roughly 33.5 million;

• As for March 20th, the number of full time employees was 127.93 million which corresponded to 5.5% unemployment rate;

• As of April 23rd, the number of employed decreased to 101.48 million which corresponds to unemployment rate of 33%;

• Unemployment insurance for someone making $5,000 per month is $1,800 per month or approximately 33% of the income;

• $5,000 per month corresponds to hourly wage of $31.25;

• $1,800 per month corresponds to hourly wage of $11.25;

• The effect of a $1 increase in the minimum wage ranged from a 3.4% decrease (95% CI 0.4 to 6.4) to a 5.9% decrease (95% CI 1.4 to 10.2) in the suicide rate among adults aged 18–64 years with a high school education or less ;

• Therefore, the decrease of hourly wage by $20 increases risk of suicide by 5% x 20 = 100%;

• In 2019, roughly 50,000 Americans committed suicide;

• Therefore, the USA may lose 50,000 x 100% = 100,000 people to suicide in 2020

There is no other definition to the current situation than genocide.