Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Apr 29, 2026 8:16 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 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
The world will be saved by beauty: Singing, worship, and COVID-19
“Singing? I’ve heard that’s even worse than coughing!” That remark, and the horrified tone of the well-intentioned woman from my local church who made it, echoes inside many congregations these days. In a world turned upside down by the COVID-19 pandemic, many parishes which have chosen to reopen their doors prohibit the congregation from singing together in public worship. This infringement on worship is based in part on a government directive. On May 22, the CDC released its mendations for...
Video: How ‘Poverty, Inc.’ can help the West cure global poverty
The Acton Institute continues to lead the global poverty discussion, as the Canada-Africa Chamber of Business hosted a screening of its award-winning documentary Poverty Inc. Afterwards the chamber held a virtual panel of speakers from around the world, including the film’s producer, Acton Institute Research Fellow Michael Matheson Miller, about how the movie’s insights apply to poverty eradication programs. The panel was moderated by Garreth Bloor, president of the Canada-Africa Chamber of Business and formerly a leader of a free-market...
Explainer: What does ‘Black Lives Matter’ believe?
Thanks almost entirely to the killing of George Floyd, Black Lives Matter’s approval rating has more than doubled from where it stood four years ago, surging from 27% in 2016 to 57% today. While the slogan wins public support, the racially tinged socialism espoused by the organization Black Lives Matter should concern everyone who cherishes freedom. BLM proudly proclaims its belief that all black Americans should receive a guaranteed minimum e and “free” healthcare, schooling, food, real estate, gender reassignment...
Winners of 2020 Mini-Grants on Free Market Economics
Six professors affiliated with universities across the United States have been awarded funding to support faculty research and advance course development. The Acton InstituteMini-Grants on Free Market Economicsprogram accepts proposals from faculty members at colleges, seminaries, and universities in the United States and Canada in order to promote the scholarship and teaching of market economics. This program allows for collaboration between faculty from different universities, and helps future leaders to emerge, strengthen, and expand the existing network of scholars within...
Seattle’s CHOP/CHAZ violates the purpose of government
The mayor and civil authorities took no action as protesters claimed a six-block section of downtown Seattle as the Capitol Hill Autonomous Zone. By their indifference plicity, political leaders have failed into carry out the most primary functions and duties for which government is established. City officials ordered police to abandon their position and cede the territory to protesters. This Tuesday CHAZ, since rebranded the Capitol Hill Occupied Protest, struck an agreement with the city to reduce its footprint to...
Clergy patrol: When pastors and police partner up
In response to the death of George Floyd, the Minneapolis City Council recently announced their intentions to dismantle the city’s police department — a move that has brought increased prominence to the wider national movement to “defund the police.” Such proposals have mostly ranged from reckless endangerment to convenient escapism to convoluted word games. Yet if we look beyond the deconstructionist impulses of the day, we also see some positive traction for more productive and targeted reforms — from the...
America’s two warring views of race
America’s current racial strife has roots deeper than recent controversies involving the police. One factor greatly exacerbating these tensions is the contrast in worldviews over the relative importance of “race” in one’s life and how those in dialogue view the American founding, according to Ismael Hernandez, executive director of the Freedom and Virtue Institute and a longtime lecturer at Acton University. Hernandez has elucidated these contrasting approaches in two new episodes of “Freedom and Virtue” the podcast. Hernandez first traces...
America’s founding vision must be retrieved
Grand Rapids, my home for the last 30 years, a tranquil and polite place, has recently experienced demonstrations and violence like other American cities. A lot of confusion and pain abound. A few weeks ago, protests for George Floyd and his deathat the hands of Minneapolis police officers saw groups attacking the police station and local businesses. How do we begin to make sense of this? It is important that I begin by acknowledging the reality of racial prejudice. Given...
Acton Line podcast: The story of Jimmy Lai’s fight against Chinese oppression
At the age of 13, Jimmy Lai escaped China to experience freedom in Hong Kong and grew to be one of Hong Kong’s highest-profile media moguls. Through his work, Lai founded the anti-Beijing newspaper Apple Daily and became an outspoken critic of the People’s Republic of China, solidifying him as one of Hong Kong’s most important pro-democracy voices. In this exclusive interview, Acton’s President and Co-founder Rev. Robert Sirico speaks with Lai about his entrepreneurial work and his bravery in...
Social media make us JUMP to false conclusions
Mike Solana, the vice president of the Founders Fund, has written pelling account of the social consequences of the dominance of social media as a means munication in this digital age titled, “JUMP.” The title is based on a schoolyard legend from his youth: “Back in elementary school a ‘scientific theory’ hit the playground that blew my mind: [I]f every person in China jumped at the same time, their impact would knock our planet off its axis and the world...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved