Monday, March 24, 2014

Bankers are Vastly Underkilling Themselves Compared to the General Population

You saw the same innumerate media in "What May Happen When the Foxconn Robots Become Self-Aware":
 In 2010 when 18 Foxconn employees attempted suicide and 14 succeeded there was a worldwide outcry.
This outcry stemmed from a number of factors including an ignorance of statistics and a profound ignorance of suicide in human populations....MUCH MORE
From The Awl:
What's Behind This Totally Nonexistent Epidemic Of Banker Suicides?
The New York Post is doubling down on a truly grim tabloid story: "What’s behind epidemic of financial industry deaths?" This is a follow-up on last week's… identical story, which was a follow-up to two previous stories, all by the same author, in which "a rash of eight financial-industry suicides so far in 2014" have "baffled" mental health professionals.

But back in the real world, actually the rate of suicide in people "35–64 years increased 28.4%" from 1999 to 2010, according to the CDC. The suicide rate among whites in America increased 40% in that period. In New York City, there are approximately 475 suicides a year.

About 5% of jobs in New York City are in finance; Let's say there's about 400,000 people employed in finance in New York City. (There were about 500,000 of those jobs in 2000 and 425,000 in 2010.)
Statistically speaking, there should be 23.75 suicides a year in the finance industry in New York City alone. Six suicides in the first quarter of the year would be "right on track" (I know, gross, sorry) for 24 suicides in 2014....MORE