Life expectancy rose from 57.1 in 1929 to 63.3 years in 1932, according to the analysis by U-M researchers José A. Tapia Granados and Ana Diez Roux. The increase occurred for both men and women, and for whites and non-whites.
“The finding is strong and counterintuitive,” said Tapia Granados, the lead author of the study and a researcher at the U-M Institute for Social Research (ISR). “Most people assume that periods of high unemployment are harmful to health.”
For the study, researchers used historical life expectancy and mortality data to examine associations between economic growth and population health for 1920 to 1940. They found that while population health generally improved during the four years of the Great Depression and during recessions in 1921 and 1938, mortality increased and life expectancy declined during periods of strong economic expansion, such as 1923, 1926, 1929, and 1936-1937.
Read more here: Did The Great Depression Have A Silver Lining?