Money and receipts Raising the minimum wage during peak unemployment in 2009 could have prevented an estimated 26,000 deaths. (Photo: Bigstock)

Debt and finances: we know they’re a key source of stress for employees, but a new study suggests that alleviating that stress could be as simple as increasing the minimum wage.

The study, conducted by researchers as Emory University and published in the Journal of Epidemiology and Community Health, found that increasing the minimum wage by $1 resulted in a decrease of between 3.4 percent and 5.9 percent in suicides among those 18 to 64 years old with a high school education or less.

Emily Payne

Emily Payne is the current deputy editor for ALM's Business & Finance Markets and former managing editor for BenefitsPRO. A Wisconsin native, she has spent the past decade writing and editing for various athletic and fitness publications. She holds an English degree and Business certificate from the University of Wisconsin.

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