May 25, 2013 08:24
The suicide rate among the children of the so-called baby boomers who are currently between 21 and 34 rose more than five-fold in the last decade.
More and more young people who were born between 1979 and 1992 are pushed into despair by high unemployment, poverty and bad credit rating resulting from huge student loans.
A report by the Korea Institute for Health and Social Affairs shows that the suicide rate of the group rose by 5.12 times from 4.79 suicides per 100,000 people in 2001 to 24.54 in 2011.
This generation showed the sharpest increase in suicides among the population grouped into six age brackets.
The institute explained that the children of baby boomers experienced the economic crisis in the late 1990s when they were at school, and they now face a difficult job market for young people.
The suicide rate among people over 65 also rose steadily, mainly due to solitude and illness.
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