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At least, in the short term. In the long term, economic growth is good for health. What’s going on?

One study of European countries just before and during the Great Recession found that a one-percentage-point increase in the unemployment rate is associated with an 0.5 percent decline in the overall mortality rate. Other studies of Europe during different periods, as well as those of the United States, found a similar relationship between joblessness and mortality.

This is counterintuitive, since economic growth is a major factor in higher living standards. When the economy is more productive, we have more resources to promote health and well-being.

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Image: By Alex1011 – Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=41767503

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