Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Feb 15, 2026 6:56 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
Deregulation: When to wash a pig
You could be prosecuted on the federal level if you “make any incision” on hog carcasses before all “hair, scurf and dirt, including all hoofs and claws, (is) removed from hog carcasses and the carcasses thoroughly washed and cleaned.” In January, President Donald Trump issued Executive Order 13771, pledging to reduce regulation, which initiated the recall of the Hog Carcass Cleaning Rule. It turns out that there were two rules on the books, the first states to wash the hog...
Explainer: What you should know about Democratic Socialism
While many left-leaning American politicians tend to avoid the labels “liberal” or “progressive,” two popular Democrats—Vermont Senator Bernie Sanders and New York congressional candidate Alexandria Ocasio-Cortez—proudly self-identify as a “democratic socialists.” Here’s what you should know about democratic socialism. What is democratic socialism? In Democratic Socialism: A Global Survey, Donald F. Busky explains the term this way: Democratic socialism is the wing of the socialist movement bines a belief in a socially owned economy with that of political democracy. Sometimes...
6 Quotes: Judge Brett Kavanaugh on law, liberty, and the U.S. Constitution
Earlier this week, President Trump announced he has nominated Judge Brett Kavanaugh to replace retiring Associate Justice Anthony Kennedy on the U.S. Supreme Court. In honor ofthe nomination, here are six quotes by Judge Kavanaugh on law, liberty, and the Constitution: On the Judiciary and the Rule of Law: “I believe very deeply in those visions of the rule of law as a law of rules, and of the judge as umpire. By that, I mean a neutral, impartial judiciary...
Oportunismo socialista conforma gobierno en España
Últimamente me he dado a la tarea de escribir algunos artículos sobre el socialismo en Latinoamérica. Ahora es el momento de cruzar el mediterráneo y llegar a España, digamos que si de socialismo se trata La Madre o algunos la llaman, tiene mucha tela que cortar. Comencemos por lo recientemente ocurrido con la moción de censura impuesta al expresidente Mariano Rajoy. Dicha moción dio paso a la formación de un gobierno socialista. No está de más decir que este modelo...
A British view of the Brexit resignations
Last Friday, Theresa May’s Cabinet met to accept her plan for the UK’s future after Brexit. Over the weekend, a series of resignations began that could imperil her government. Rev. Richard Turnbull of the Oxford-based Centre for Enterprise, Markets, and Ethics analyzes these developments, and why they came about, in a new essay on Acton’sReligion & Liberty Transatlanticwebsite. He writes: Late on Sunday, the British Secretary of State for Exiting the EU, David Davis, resigned. On Monday Boris Johnson, the...
Alejandro Chafuen calls Europe to embrace freedom
Europe is currently absorbed with the task of finding a unifying force among its diversity of culture and values. How can Europe e e pluribus unum– one out of many? Many European issues, from Brexit to the financial bankruptcy of Greece, should be understood through the framework of balancing national and international interests. Furthermore, among the flurry of adjustments to policy and government, how can the European Union assure that individual rights will be valued? Frederick Bastiat stated in The...
5 Facts about Supreme Court Nominee Brett Kavanaugh
President Donald Trump announced last night that Judge Brett Kavanaugh will be his nominee to replace retiring Justice Anthony Kennedy. Here are five facts you should know about Judge Kavanaugh: 1.Brett Kavanaugh, age 53, was born in Washington, D.C.,and educated at Yale University (BA) and Yale Law Law School, (JD). He served as Associate Counsel and then Senior Associate Counsel to the President, and as an Assistant to the President and Staff Secretary to the President before being appointed by...
Acton University: Ecumenism 101 with Peter Kreeft
This summer, the interns at the Acton Institute have bonded over campfires, swing dancing and piles of folders and name tags. About half of the 18 interns are Catholic, and the others subscribe to a variety of Protestant denominations. Although most of us are studying economics, we each care deeply about our faith. As the evenings progress, our conversations often turn to topics of religion and theology. Acton University attracts participants from a variety of denominations and religions around the...
Video: Rush Limbaugh on clergy who accept socialism
Occasionally, the themes the Acton Institute dedicates itself to proclaiming, in season and out of season, burst into the mainstream. On Monday’s “Rush Limbaugh” program, a female caller was perplexed that too many pulpits preach leftist ideals, which undermine the faith. Rush Limbaugh responded by pinpointing the intellectual moment that corroded the faith: When the Left convinced the clergy that socialism is charity, it was over. So much of the clergy is leftist, because to them it’s all charity. ‘It’s...
Pahman to First Things: Markets are not inherently destructive to the soul
In “Origami of the Soul,” published recently by First Things, Timothy Reichert and Francis X. Maier argued that “hierarchical institutions” are needed to spiritually form the individual and that markets not only cannot form the individual, but also damage the institutions that would seek to. Institutions like marriage, the church, the military, take part in “folding” our souls into maturity, resulting in plex, and plementary shapes.” Markets, they argue, are impersonal and the increasing temptation of greater wealth draws people...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved