Effects of Unemployment
Effects of Unemployment
2011
4/28/2011
High Crime Rate Linked to Low Wages and Unemployment Recent studies show that low wages and unemployment tend to make less educated people commit crimes. The study was done on data between 1979 and 1997, when comparing unemployment and crime rate we found much of the increase in crime happened during the time of falling wages and rising unemployment among men without college educations. While the government focuses on crime fighting initiatives as central to controlling crime, this study shows that we should consider in opening more jobs to keep crime rate low in these periods. The impact of labor markets should not be overlooked. We can fight crime, but it will still continue to happen, we should try to attack the problem from the bottom. With the crisis that we have going on right now and desperate people trying to find jobs. There is definitely going to be an increase in crime because people are going to find other means in which to get money. Granted that there will always be crime, during hard times like this, crime tends to rise. Public officials can put more cops out in the street, be on their sentencing, and take other steps to reduce crime, but there is only so much that they can do. Unemployment has a profound impact on the crime rates.
Professor Weinberg at OSU conducted the study with Eric Gould of Hebrew University and David Mustard of the University of Georgia. Their results appear in the current issue of The Review of Economics and Statistics. From 1979 to 1997, federal statistics show that wages for men with no college education fell by 20 percent. After the declines in 1993, the property and violent crime rates increased by 21 percent and 35 percent respectively during that period. Weinberg said the strongest finding in this new study is a link between falling wages and property crimes such as burglary. There was also a link between wages and violent crimes such
2011
4/28/2011
High Crime Rate Linked to Low Wages and Unemployment Recent studies show that low wages and unemployment tend to make less educated people commit crimes. The study was done on data between 1979 and 1997, when comparing unemployment and crime rate we found much of the increase in crime happened during the time of falling wages and rising unemployment among men without college educations. While the government focuses on crime fighting initiatives as central to controlling crime, this study shows that we should consider in opening more jobs to keep crime rate low in these periods. The impact of labor markets should not be overlooked. We can fight crime, but it will still continue to happen, we should try to attack the problem from the bottom. With the crisis that we have going on right now and desperate people trying to find jobs. There is definitely going to be an increase in crime because people are going to find other means in which to get money. Granted that there will always be crime, during hard times like this, crime tends to rise. Public officials can put more cops out in the street, be on their sentencing, and take other steps to reduce crime, but there is only so much that they can do. Unemployment has a profound impact on the crime rates.
Professor Weinberg at OSU conducted the study with Eric Gould of Hebrew University and David Mustard of the University of Georgia. Their results appear in the current issue of The Review of Economics and Statistics. From 1979 to 1997, federal statistics show that wages for men with no college education fell by 20 percent. After the declines in 1993, the property and violent crime rates increased by 21 percent and 35 percent respectively during that period. Weinberg said the strongest finding in this new study is a link between falling wages and property crimes such as burglary. There was also a link between wages and violent crimes such