Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as Economic-Spiritual Indicator — December 2014 Report
Unemployment as Economic-Spiritual Indicator — December 2014 Report
Apr 27, 2025 8:40 PM

Series Note:Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight thelatest numberswe need to know (see also:What Christians Should Know About Unemployment).

Positive news is marked with the plus sign (+) while negative employment data is marked with a minus sign (-). No significant change is marked by (NC).

Unemployment rate (+): rate declined to 5.6 percent (from 5.8 percent in November).

Total number unemployed (+):declined by 383,000 to 8.7 million.

Employment-population ratio (NC): 59.2 percent.

Change by worker groups: adult men (NC), adult women (+), teenagers (NC), blacks (NC), whites (NC), and Hispanics (NC).

Long-term unemployed (NC):essentially unchanged at 2.8 million and accounted for 31.9 percent of

the unemployed.

Civilian labor force participation rate (NC): 62.7 percent.

Persons employed part time for economic reasons (NC): 6.8 million.

Discouraged workers (-): increased from 698,000 to 740,000.

Glossary:

Unemployment: According to the federal government, to be unemployed a person must (a) be jobless, (b) looking for a job, and (c) available for work.People are considered employed if they have a job (whether temporary, part-time, etc.). People who are neither employed nor unemployed are considered to be not in the labor force.

Unemployment rate: Calculated by dividing the number of unemployed individuals by all individuals currently in the labor force.

Total number unemployed: number of people unemployed in America in the previous month.

Employment-population ratio: measures the proportion of the country’s working-age population (ages 16 to 64) that is employed. This number includes people that have stopped looking for work.

Change by worker groups: whether the number of unemployed in that group increased or decreased.

Long-term unemployed: People who have been unemployed for 12 months or longer.

Civilian labor force participation rate: share of the population 16 years and older working or seeking work.

Persons employed part time for economic reasons: individuals who would have preferred full-time employment but were working part time because their hours had been cut back or because they were unable to find a full-time job.

Discouraged workers: unemployed individuals who have stopped looking for work for one of four reasons:

They believe no job is available to them in their line of work or area.

2. They had previously been unable to find work.

3. They lack the necessary schooling, training, skills, or experience.

4. Employers think they are too young or too old, or they face some other type of discrimination.

Comments
Welcome to mreligion comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
RELIGION & LIBERTY ONLINE
Samuel Gregg: How Europe’s way of denial became a way of death
Modern Europe faces a future of economic stagnation and demographic decline brought on by the hollowing out of its self-confidence. These impending calamities reached the crisis point at precisely the moment the continent faces an unprecedented influx of migrants who share none of its leaders’ epistemological angst. Furthermore, some of the newest citizens are mitted to co-existence nor averse to advancing their religion through taqiyya or, increasingly, jihad. Samuel Gregg, Acton’s research director, recounts Douglas Murray’s argument in his review...
The challenges of Islam and pluralism
Last week I had an essay exploring Abraham Kuyper’s interactions with Islam, focused particularly on his tour around the Mediterranean Sea in the early years of the twentieth century. As I argue, Throughout his travels, Kuyper was confronted by the diversity, vitality, prehensiveness of the Islamic faith. In Islam, Kuyper sees a world-shaping civilization force, one with the cogency and dynamism to rival Christianity. Kuyper’s reflections remain salient today, as his engagement of and appreciation for the motivating power of...
5 Facts about International Women’s Day
International Women’s Day celebrated in Petrograd, 1917. (Source: Wikimedia) Today is International Women’s Day, a century-old international observance of women’s cultural, economic, and social achievements. Here are five facts you should know both about this global celebration: 1. The original observance, held in the United States on February 23, 1909, was created by American socialistgroups and dubbed National Woman’s Day (singular). As scholar Temma Kaplan explains, the event was originally an attempt bysocialists and anarchists to establish a munal tradition....
A immunization against extreme poverty
Since the first successful use of vaccinations in 1796, vaccines have saved hundreds of millions of lives. The Centers for Disease Control estimates that vaccinations will prevent more than 21 million hospitalizations and 732,000 deaths among children born in the last 20 years alone. And the World Health Organization calculates that immunization currently averts about two to three million deaths every year. A new study published in the journal Health Affairs finds that along with preventing diseases, vaccines prevent many...
Radio Free Acton: Philip Booth on what’s missing from Laudato Si’; Upstream with jazz legend Norma Winstone
On this episode of Radio Free Acton, Rev. Ben Johnson, Senior Editor at Acton, speaks with Philip Booth, Professor at St. Mary’s University in the UK about what’s missing from the 2015 Papal Encyclical: Laudato Si’. Then, on the Upstream segment, Bruce Edward Walker talks to British jazz legend Norma Winstone about her contribution to Jazz and her newly released album: ‘Descansado – Songs For Films.’ Check out these additional resources on this week’s podcast topics: Read “Property rights and...
FAQ: Trump’s steel and aluminum tariffs
President Donald Trump is scheduled to announce new steel and aluminum tariffs from the White House at 3:30 p.m. local time. What is President Trump going to announce? Trade officials have said the president will impose across-the-board tariffs of 25 percent on imported steel and 10 percent on aluminum, which will go into effect between 15 and 30 days from now. He would temporarily exempt Canada and Mexico, according to Trump adviser Peter Navarro, although President Trump has tied this...
Unemployment as economic-spiritual indicator — February 2018 report
Series Note: Jobs are one of the most important aspects of a morally functioning economy. They help us serve the needs of our neighbors and lead to human flourishing both for the individual and munities. Conversely, not having a job can adversely affect spiritual and psychological well-being of individuals and families. Because unemployment is a spiritual problem, Christians in America need to understand and be aware of the monthly data on employment. Each month highlight the latest numbers we need...
Vocation vs. occupation: Embracing the breadth of ‘full-time ministry’
Christians have routinely embraced a range of false dichotomies when es to so-called “full-time ministry,” confining such work to the life and vocation of the pastor, evangelist, or missionary. The implications are clear: Those who enter or leave such vocations are thought to be “entering the work world” or “leaving the ministry,” whether for business, education, government, or otherwise. Yet even when we reject such divides, recognizing the depth and breadth of Christian vocation, we still tend to parse which...
Is Elizabeth Bruenig even a socialist?
Elizabeth Bruenig, columnist for the Washington Post, yesterday published an opinion piece entitled, ‘Let’s have a good-faith argument about socialism’ responding to some critics of her earlier piece, ‘It’s time to give socialism a try’. She accuses a number of them of responding in bad faith, In the case of my column, this meant many interlocutors taking socialism to mean something along the lines of munism or the Venezuelan system, genocides, calamities, disasters and all. I don’t think anybody actually...
Employers should fulfill their obligations to tipped employees
A tipped employee engages in an occupation in which they customarily and regularly receives more than $30 per month in tips, according to the Department of Labor. An employer of a tipped employee is only required to pay $2.13 per hour in direct wages if that bined with the tips received at least equals the federal minimum wage. If the employee’s bined with the employer’s direct wages of at least $2.13 per hour do not equal the federal minimum hourly...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved