Influence of the Level of Formal Employment on the Suicide Rate in Minas Gerais

Abstract

Suicide is a public health problem and a complex phenomenon with significant negative consequences for individuals and for society. Its occurrence is influenced by several factors, including the labor market. In this sense, the present study aims to analyze the effect of the level of employment in the formal sector on suicide rates in the municipalities of Minas Gerais, between 2002 and 2017. To do so, data from the Mineiro Index of Social Responsibility, made available by the João Pinheiro Foundation, were used. An econometric model with dynamic panel data was estimated using the Generalized System Method of Moments (GMM-SYS). The results showed a statistically significant, positive influence of the level of formal employment on the suicide rate, i.e., such rate is decreased. Thus, the importance of rights-assisted employment is emphasized to reduce the instability of individuals and prevent them from resorting to extreme actions, such as suicide.