'Nothing to Live For': Youth Unemployment, Depression, and Austerity

The exploding youth unemployment crisis appears to be unleashing a public health one.

Youth facing long-term unemployment are more than two times as likely as their peers to believe they have nothing to live for at a rate of 21 percent, finds a report (pdf) released Thursday by the UK-based youth charity Prince’s Trust.

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In 2,161 interviews with UK-based young people aged 16 to 25 years old, the organization found that “40 per cent of jobless young people have faced these symptoms of mental illness – including suicidal thoughts, feelings of self-loathing and panic attacks – as a direct result of unemployment.”

Nearly a third have “contemplated suicide,” and nearly a quarter have “self-harmed” the report finds—rates higher than their peers.