Money and Employment: The Best Anti-Depressants

That’s according to a new poll from Gallup.

Scrooge McDuck, looking pretty not-depressed, dives into a pile of gold.
National Journal
Matt Berman
Aug. 23, 2013, 8:05 a.m.

Feel­ing down this year? Ac­cord­ing to Gal­lup, that could have something to do with not work­ing as much as you’d like.

In a sur­vey con­duc­ted from Jan. 1 to Ju­ly 25, of more than 100,000 Amer­ic­ans, Gal­lup found sev­er­al eco­nom­ic pre­dict­ors for de­pres­sion. Here are the res­ults by em­ploy­ment status:

 

In Ju­ly, 8.2 mil­lion Amer­ic­ans were work­ing part-time in­vol­un­tar­ily, up from May but largely un­changed from June. Nearly 54 mil­lion Amer­ic­ans were not in the labor force in Ju­ly, in­clud­ing more than 3.7 mil­lion people who at that time wanted a job. With an over­all un­em­ploy­ment rate of 7.4 per­cent, 11.5 mil­lion Amer­ic­ans were un­em­ployed in Ju­ly.

Ac­cord­ing to Gal­lup, all of those people were much more likely to be de­pressed than people who were em­ployed full time. Of course, it’s cer­tainly pos­sible that people who don’t suf­fer from de­pres­sion are more likely to be able to find full-time work.

But that’s not the only eco­nom­ic pre­dict­or of de­pres­sion:

 

Money may not buy hap­pi­ness, but the more of it you have, the less likely you are to be de­pressed. And, if you have a whole lot of money, you’re more likely to be able to do something like this, care of Break­ing Bad:

 

The pro­file of an Amer­ic­an who’s most likely to be de­pressed? A white wo­man who’s out of the work­force, mak­ing less than $36,000 a year, age 22-64.

Gal­lup found that, over­all, about 10 per­cent of Amer­ic­ans claim to be de­pressed, which lines up with Cen­ters for Dis­ease Con­trol and Pre­ven­tion es­tim­ates.

But work isn’t everything. New re­search from Kan­sas State Uni­versity shows that “work­ahol­ics” — defined as people who work more than 50 hours a week — are more likely to be less phys­ic­ally and men­tally well. So, even if you’re shoot­ing for that $90,000-a-year-plus level of hap­pi­ness, make sure to find a bal­ance.

What We're Following See More »
BACKING OUT ON BERNIE
Trump Won’t Debate Sanders After All
9 hours ago
THE LATEST

Trump, in a statement: “Based on the fact that the Democratic nominating process is totally rigged and Crooked Hillary Clinton and Deborah Wasserman Schultz will not allow Bernie Sanders to win, and now that I am the presumptive Republican nominee, it seems inappropriate that I would debate the second place finisher. ... I will wait to debate the first place finisher in the Democratic Party, probably Crooked Hillary Clinton, or whoever it may be.”

TAKATA RECALLS COULD TAKE YEARS TO COMPLETE
Airbag Recalls Target 12 Million Automobiles
11 hours ago
THE LATEST

"The National Highway Traffic Safety Administration identified on Friday the makes and models of 12 million cars and motorcycles that have been recalled because of defective air bag inflators made by Japanese supplier Takata. The action includes 4.3 million Chryslers; 4.5 million Hondas; 1.6 million Toyotas; 731,000 Mazdas; 402,000 Nissans; 383,000 Subarus; 38,000 Mitsubishis; and 2,800 Ferraris. ... Analysts have said it could take years for all of the air bags to be replaced. Some have questioned whether Takata can survive the latest blow."

Source:
AKNOWLEDGING THE INEVITABLE
UAW: Time to Unite Behind Hillary
1 days ago
THE DETAILS

"It's about time for unity," said UAW President Dennis Williams. "We're endorsing Hillary Clinton. She's gotten 3 million more votes than Bernie, a million more votes than Donald Trump. She's our nominee." He called Sanders "a great friend of the UAW" while saying Trump "does not support the economic security of UAW families." Some 28 percent of UAW members indicated their support for Trump in an internal survey.

Source:
AP KEEPING COUNT
Trump Clinches Enough Delegates for the Nomination
1 days ago
THE LATEST

"Donald Trump on Thursday reached the number of delegates needed to clinch the Republican nomination for president, completing an unlikely rise that has upended the political landscape and sets the stage for a bitter fall campaign. Trump was put over the top in the Associated Press delegate count by a small number of the party's unbound delegates who told the AP they would support him at the convention."

Source:
TRUMP FLOATED IDEA ON JIMMY KIMMEL’S SHOW
Trump/Sanders Debate Before California Primary?
1 days ago
THE LATEST
×