The quote is from the movie The Big Short.
The article below attempts to trace the basis of the statistic.
Here was another.
https://republicreborn.com/2020/04/02/a-1-increase-in-unemployment-leads-to-over-36000-deaths-of-despair/
There have been other reports of starvation and other deaths in the third world.
The point is no one has been held accountable to do a trade-off analysis comparing the economic impacts.

“Corporate Flight” was published in 1982 and mainly had to do with companies moving operations overseas. I couldn’t reach Bluestone, Harrison or Baker, but last week I was able to contact Wade Thomas, who teaches economics and business at SUNY Oneonta and who quoted those figures in his own co-written 2005 book called “Economic Issues Today: Alternative Approaches.”

Here’s the paragraph from Thomas’ book that applies: “According to one study [the one by Bluestone et al.] a 1 percent increase in the unemployment rate will be associated with 37,000 deaths [including 20,000 heart attacks], 920 suicides, 650 homicides, 4,000 state mental hospital admissions and 3,300 state prison admissions.”

Is that based off U3 (Mostly BS), U4 (More BS), U6 (Still BS) or the Labor Force Participation rate...

I am pretty sure the labor bureau posted some data around this years ago. Stop looking at unemployment numbers...they are made up trash.

Labor force participation rate tells the real story...

https://fred.stlouisfed.org/series/CIVPART