Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Feb 16, 2026 10:27 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
Reading Russell Kirk
It’s the end of the year, so the book lists are out. I’m thinking about conservative icon Russell Kirk. If you want a really enjoyable and edifying read, I mend you begin with The Roots of American Order. That book will give you an understandable and historically grounded sense of what “ordered liberty” means. It will also open the mysteries of Kirk wide to the uninitiated reader. The prose is lively. Highly readable. Kirk is more widely known for the...
The Acton Website gets a New Look
Today saw the launch of a sharp new look for the Acton Institute website. This new iteration of the website puts content first, with a very uncluttered, fresh look. It also sports some of the latest and greatest in web technology, but I’ll spare you the geekspeak and let you discover all of the bells and whistles for yourself. We hope that you’ll continue to enjoy the Acton website and the rich collection of articles and resources that it provides....
Acton Commentary: Why We Give
With the approach of Christmas, we again hear calls to shun gift buying as somehow sinful and materialistic. In this week’s Acton Commentary, Rev. Robert A. Sirico explains the real reason we give so generously at this time of year and how in giving, we receive. If you haven’t yet read Rev. mentary, you can do so by visiting the Acton website and e back and join the discussion over here at the PowerBlog. ...
Rick Warren and the President
The blogosphere is atwitter over the news that Rick Warren, pastor of Saddleback Church, will give the invocation at President-elect Barack Obama’s inauguration. The decision on Warren’s part to accept is getting criticism from the right, while Obama’s offer of the opportunity is getting criticized from the left. At Redstate Erick Erickson views Warren’s participation as evidence of his desire to be the next “Protestant Pope” after the decline of Billy Graham. Erickson writes that Warren “wants to be the...
‘Tis the Season for Giving
We’re a fortnight away from the new year, and that means that you are probably getting a spate of letters, postcards, and packages appealing for your donations in this critical giving season. I want to point out a number of opportunities to help you decide where your charitable dollars ought to go. Your first stop should always be the Acton Institute’s Samaritan Guide, a project that goes beyond the information available from the standard IRS forms that power other charity...
Milton’s Religious Vision of Liberty
This year marks the 400th anniversary of the birth of John Milton, best known for his masterpiece, Paradise Lost. An essay by Theo Hobson, author of the newly-released Milton’s Vision: The Birth of Christian Liberty (Continuum, 2008), well summarizes Milton’s integrated theological, political, and social vision (HT: Arts & Letters Daily). John Milton (1608-1674): “None can love freedom heartily, but good men; the rest love not freedom, but license.” Instead of secularizing a figure that has been deemed important in...
Military Service Members Giving to Poor from Iraq
Here is quite the unique story from 13WMAZ in Macon, Georgia. The clip highlights what Army Staff Sergeant Jeremy Snow is doing to help those in need during the Christmas season. While serving in Iraq, Staff Sergeant Snow and friends from his unit have been shopping online and sending food, new clothes, and even mp3 players back to his mother, who is retired military. Margie Snow then unpacks and hands the gifts over to the local Loaves and Fishes ministry...
Acton Experts on Giving, Finance
Zenit news service provides extensive coverage of two recent Acton-sponsored conferences in Rome. The first of half of Edward Pentin’s report focuses on Arthur Brooks‘ address at the “Philanthropy and Human Rights” gathering. A sample: His friend had found that when people gave, they became happier, and when they were happier they became richer. Brooks was subsequently converted, and the discovery changed his life. Moreover, now he realizes that people have as much need to give as they have to...
J. Daryl Charles on the Revival of Natural Law
In the latest volume of the Mars Hill Audio Journal, host Ken Myers talks with J. Daryl Charles, author of Retrieving the Natural Law: A Return to Moral First Things (Eerdmans, 2008). Charles is associate professor of Christian Studies at Union University, and spent the 2007-2008 year as William E. Simon Visiting Fellow in Religion and Public Life in the James Madison Program at Princeton University. I had the pleasure of meeting Ken Myers at this year’s GodblogCon and am...
Avery Cardinal Dulles (1918-2008)
Avery Cardinal Dulles lecturing at the Acton Institute. I knew the reputation of Avery Dulles, SJ, long before I entered that classroom at the Catholic University of America in Washington, D.C., back in the early 1980s when I was in seminary. I knew he was considered, even then, the dean of Catholic theologians in the United States, author of scholarly essays and books too numerous to name, peritus (theological expert) at the Second Vatican Council and the son of a...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved