SEOUL, June 8 (Korea Bizwire) — Low-income earners with negative perceptions of their future economic status are nine times more likely to consider suicide, a study indicated Wednesday.
A research team from Korea University’s College of Medicine conducted a study on 10,017 adults aged 20 and above from 2012 to 2020, using the Korea Welfare Panel.
The results revealed that 14 percent of the participants had contemplated suicide at least once during the eight-year period, while 6 percent had recurrent thoughts of suicide.
Individuals with low income and negative perceptions about their future economic status were 9.2 times more likely to consider suicide compared to others.
The research team identified a correlation between the frequency of suicidal thoughts and economic factors, suggesting that one’s risk of suicide can be influenced by their economic prospects.
“Economic stagnation and increasing inequality may further erode an individual’s perceptions about their future economic status,” said Lee Yo-han, the research team leader and a professor at Korea University.
H. M. Kang (email@example.com)