Roughly 39,000 people off themselves each year in the usa. 5.5 million people are employed in the banking and insurance industries. Figure half are wankers bankers. that's 2.75 million bankers out of 320 million people in the usa or .8594%. If we apply this to the number of suicides we would expect 335 bankers to suicide every year.
“Roughly 39,000 people off themselves each year in the usa. 5.5 million people are employed in the banking and insurance industries. Figure half are wankers bankers. that’s 2.75 million bankers out of 320 million people in the usa or .8594%. If we apply this to the number of suicides we would expect 335 bankers to suicide every year. “
Thanks for taking the time to look this stuff up. I suspected this was the case, but didn’t care enough about it to do the legwork. I’m going to repeat your analysis on zerohedge as I have an login there.
I was surprised at that number of 39,000. I was thinking it was on the order of 20,000 to 25,000 (numbers I have a vague recollection of seeing).
What’s the source of the data. I’d like to go look at them.
Thanks.
https://www.youtube.com/watch?v=czBIBEMuRQU
Also, people employed in the financial sector are 1.51 times more likely to commit suicide than an “average” person. CDC says about 170 per year I think? Couldn’t find the stats in a brief search.
http://www.businessinsider.com/most-suicidal-occupations-2011-10?op=1
The correlation is not spurious. You’d have to compare the recent spate of suicides to the general historical rate of suicide among young, healthy, successful investment bankers to get a better picture.
5.5 million people are employed in the banking and insurance industries. Figure half are wankers bankers. that’s 2.75 million bankers out of 320 million people in the usa or .8594%. If we apply this to the number of suicides we would expect 335 bankers to suicide every year.
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Lousy stats.
These are investment bankers, a small group within the world of banking. There does not seem to be more than 100,000 world-wide.