Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Jan 7, 2026 5:13 AM

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 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).

Overview:While most of the metrics were positive, few jobs were added and a large number of Americans dropped out of the labor for, making this one ofthe worst jobs report in years.

Number of new jobs added (+): 209,000

Unemployment rate (NC):4.4 percent

Total number unemployed (NC): 7.1 million.

Employment-population ratio (NC): 60.1 percent.

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

Long-term unemployed (NC): 1.7 million and accounted for 24.7 percent of the unemployed.

Civilian labor force participation rate (NC): 62.9 percent.

Persons employed part time for economic reasons (NC): 5.3 million.

Discouraged workers (+): 448,000.

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:

1. 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
Video: Amway’s Doug DeVos on ‘Free Enterprise and the Entrepreneurial Spirit’
At an Acton Institute event on Oct. 3 in Grand Rapids, Mich., Amway President Doug DeVos delivered a talk on ‘Free Enterprise and the Entrepreneurial Spirit’ to an audience of 200 people. He was introduced by the Rev. Robert A. Sirico, president and co-founder of the Acton Institute. See the Grand Rapids Press/MLive coverage of the event in “Read Doug DeVos’ take on Amway, the presidential race and Dwight Howard leaving the Orlando Magic” by reporter Shandra Martinez. DeVos’ Amway...
West MI CEO files lawsuit, cannot comply with Obamacare
West Michigan businessman, John Kennedy, has joined over 90 plaintiffs in filing suit against the federal government in its attempts to force business owners and employers to pay for procedures and medications that violate religious beliefs. Kennedy joins other business owners, such as Hobby Lobby CEO David Green who says “God owns” his business. Kennedy, president and CEO of Autocam and Autocam Medical, says the law clearly violates his religious beliefs. “This law requires me to violate my beliefs by...
Economics is Intuitive
Economist Bryan Caplan sets out to prove thatbasic economics is intuitive: To make my prima facie case, I’m going to present a few allegedly counterintuitive economic propositions, then explain them at a 6th-grade level. 1. Counterintuitive claim: Free trade makes countries richer, even if the other countries have big advantages like cheaper labor or more advanced technology. Intuitive version: We’d be better off if other countries gave us stuff for free. Isn’t “really cheap”the next-best thing? 2. Counterintuitive claim: Strict...
Video: Do You Have Free Will?
At the online Prager University, lecturer Frank Pastore asks: “Do you have the ability to shape your own destiny? Is there a difference between your mind and your brain? Or is free will just a convenient delusion? Are you really just a product of physical forces beyond your control?” Listen live online to The Frank Pastore Show — The Intersection of Faith and Reason here. In Southern California, tune into to KKLA 99.5. ...
Why Liberty Requires Christianity
Joseph Pearce offers a controversial (and irrefutable) argument that faith is a prerequisite to true freedom: In an age that seems to believe that Christianity is an obstacle to liberty it will prove provocative to insist, contrary to such belief, that Christian faith is essential to liberty’s very existence. Yet, as counter-intuitive as it may seem to disciples of the progressivist zeitgeist, it must be insisted that faith enshrines freedom. Without the shrine that faith erects to freedom, the liberties...
David Brooks, Economic Liberty, and the Real Threat to Social Preservation
David Brooks recently took on the conservative movement for relying too heavily on pro-market arguments and tired formulas rather than emphasizing its historic features of custom, social harmony, and moral preservation. As I’ve already noted in response to the Brooks piece, I agree that conservatism needsa renewed intellectual foundation brought about by a return to these emphases, yet I disagree that a lopsided devotion to “economic freedom” is what’s stalling us. If we hope to restore traditionalist conservatism, we’d do...
Access Denied: Property Rights for Women Not a Given
A few days ago, a documentary entitled: Half the Sky: Turning Oppression into Opportunity for Women Worldwide, a portion of which is devoted to depicting the situation of violence against women in Sierra Leone, aired on Public Broadcasting Station (PBS). Not portrayed in the documentary, but also a factor that puts women in the country at a disadvantage is little or no right to private property. An INRN article states, “…the vast majority of women in Sierra Leone live under...
Double Blessings on the World
When my kids go to the pediatrician it is a mad house while we are waiting for the doctor e in. All three of my kids are doing the random dance. The oldest is behind the bench inspecting the lamp, the youngest is hopping from one book to another spread out on the floor and the boy is using the bean bag chair as a fort. When the es in, they all start talking to her at once as if...
Foreign aid: ‘It’s not actually going to the people’
Speaking at a conference at Bethel College, Acton’s Director of Media, Michael Miller, told the audience that while good intentions are necessary in the fight against poverty, they simply aren’t enough. Miller spoke directly on the topic of foreign aid to developing nations: Western countries providing financial aid to developing nations seems to make sense, but there is no correlation between the extent of aid and economic progress in those countries, Miller said. Much of the aid goes to foreign...
Freedom (and Prudence) in the Pulpit
Over 1,000 pastors across the U.S. agreed to participate in yesterday’s Pulpit Freedom Sunday. The event, part of a strategic litigation plan sponsored by Alliance Defending Freedom (ADF), is an annual attempt to provoke the IRS into revoking the non-profit status of churches. Pastors signed apledge agreeing to “evaluate candidate(s) running for political office during a regular worship service in light of biblical Truth and church doctrine.” While the IRS has reportedly issued threats to pastors who use the pulpit...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved