Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Mar 9, 2026 12:26 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
Relevant Radio: Rev. Sirico On Caritas in Veritate
Rev. Robert A. Sirico had two recent appearances on Relevant Radio’s Drew Mariani Show to discuss the new social encyclical from Pope Benedict XVI. His first appearance was prior to the release of the encyclical and he explained how Christians who support the free economy believe that it should not be based on greed. To have a just society, we must have just people. When money es the end of a person, and a person’s whole life is directed to...
Lunar Landing Marks Great Era of Discovery
Today marks the 40th Anniversary of the one of the greatest feats of human exploration, courage and innovation: man’s setting foot on the surface of the moon. Responding heroically to the challenges of the “Space Race” (while its arch-nemesis, the Soviet Union, was clearly in the lead), the United States stood proud to represent the free and enterprising West. To put the challenges of victory into perspective, America was running adrift amid pretty rough waters at the time: two great...
Card Check Gets Checked at the Senate’s Doors
This morning, the New York Times reported that a broad bipartisan effort of senators convinced Democratic leadership to drop provisions in the Employee Free Choice Act (EFCA) that would have weakened the right of workers to hold secret ballot elections to determine whether or not they would unionize. EFCA had e known by many of its opponents as the “card check bill” because of its central proposal: if over half of workers at a firm signed cards authorizing a union...
Sowell and Benedict XVI on Economics and Culture
Back in 1983, economist Thomas Sowell wrote The Economics and Politics of Race, an in-depth look at how different ethnic and immigrant groups fared in different countries throughout human history. He noted that some groups, like the overseas Chinese, Japanese, and Jews, tended to thrive economically no matter where they went, bringing new skills to the countries that they arrived in and often achieving social acceptance even after facing considerable hatred and violence. Other groups, like the Irish and the...
Townhall: Jayabalan Talks About Caritas in Veritate
Kathryn Lopez, editor of National Review Online, has a column on Caritas in Veritate titled, “Liberal Catholics Can’t Handle the Truth.” Lopez looks at mentary on Caritas in Veritate, especially by the left, and shows why the encyclical should not be politicized. The encyclical is about truth, which can not be bent to advance a political agenda, she asserts. Kishore Jayabalan, director of Acton’s Rome office, was also quoted in Lopez’s article: Neither side . . . seems ready to...
The World of Work
In the July 22 Wall Street Journal, the editorial staff takes off on Congress for “bashing career colleges.” As a recruiter focusing primarily on manufacturing industries — where machines pound, pour, slit, weld, paint and deliver what the public demands and the guys up front have been able to book — I’ve noticed an increased lack of capable and eager young people for both the jobs on the shop floor and the ones in engineering. The WSJ article suggests that...
Primacy of Culture in Caritas in Veritate
Zenit published my article on the pope’s new social encyclical: Encyclical Offers Opportunity to “Think With the Church” By Jennifer Roback Morse SAN MARCOS, California, JULY 17, 2009 (Zenit.org).- Benedict XVI’s “Caritas in Veritate” is his contribution to the course of Catholic social teaching. mentators seem to read this document as if it were a think-tank white paper, and ask whether the Pope endorses their particular policy preferences. I must say that I surprised myself by not reflexively reading it...
Academic Journals in the ‘Network’ Economy
John Hartley, the founder and editor of the International Journal of Cultural Studies, does for that journal something like what I did for the Journal of Markets & Morality awhile back. He takes his experience as an editor to reflect on the current state of the scholarly journal amid the challenges and opportunities in the digital age. Hartley opens his study, “Lament for a Lost Running Order? Obsolescence and Academic Journals,” by concluding that “the academic journal is obsolete,” at...
Zero-Sum: The Most Dangerous Game
A recent Fox News piece on President Obama’s “science czar,” John Holdren, makes for spooky reading, dramatizing where well-intended intellectuals can end up when they take a zero-sum view of our planet’s resources. Read More… A recent Fox News piece on President Obama’s “science czar,” John Holdren, makes for spooky reading, dramatizing where well-intended intellectuals can end up when they take a zero-sum view of our planet’s resources. In a 1977 course book that Holdren co-authored with environmental activists Paul...
Developing the Ius Digitus
The ius gentium, or law of nations, has an important place in legal history. Variously conceived, the law of nations often referred to the code of conduct for dealing with foreign peoples according to their own local, national, or regional standards. As a form of natural law, the ius gentium has often been appealed to as a basis for determining what has been believed everywhere, always, by everyone. It’s an approach used, for instance, with some qualification by C.S. Lewis...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved