Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Apr 24, 2026 5:39 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
How We Tax the Poor
Imagine you’re a single mom with one child who receives $19,300 a year in government benefits. A local business offers to hire you full-time at an hourly rate of $15 an hour. At 2,000 hours a year (40 hours for 50 weeks) you would earn $30,000. Should you take the job or stay on the government dole? The additional $10,700 a year certainly sounds enticing. But because you would lose your benefits and have to pay taxes, your disposable e...
Why the ‘Proto-Communism’ of Early Christians Doesn’t Work for Modern Society
“There are solid grounds for believing that the first Christian believers practiced a form munism and usufruct [i.e., the right to enjoy the use and advantages of another’s property short of the destruction or waste of its substance],” wrote Peter Marshall in Demanding the Impossible: A History of Anarchism. As evidence Marshall cites the second chapter of the book of Acts: And all who believed were together and had all things mon. And they were selling their possessions and belongings...
IRS Back-Door Enforcer of Shareholder Activists’ Agenda
I’m not entirely sure, but it seems a safe bet that Chicago bluesman Willie Dixon wasn’t referring to the Internal Revenue Service when he wrote his classic “Back Door Man.” But, as it turns out, the IRS is serving as a convenient back-door resource for the progressive movement to name and shame donors to causes and organizations opposed by leftist shareholder activists. The IRS is proposing rules that will grant nonprofit organizations the option of disclosing donors of $250 or...
The Perversion of the Establishment Clause
“Nothing in the Constitution has been so judicially perverted from its original intent as the establishment clause,” says Zack Pruitt in the first entry of this week’s Acton Commentary. “The same clause went from protecting the people from a tyrannical state-run church to punishing those who dare to voluntarily pray on government property.” A football coach in Washington was recently suspended from his duties because he made a habit of praying at midfield following games. Players or students were never...
Frankenfish? No, It’s Just a Salmon
My many mentors over the course of my lifetime thus far have advised me, to a person, to be more optimistic and less cynical. The glass, they told me, always should be perceived as half-full regardless the circumstances. Remembering this advice, I’ll forego reprimanding the U.S. Food and Drug Administration for its dithering the past 19 years whether genetically engineered salmon should be sold and, if so, labeled. Instead, I celebrate their long-awaited affirmative decision to allow the sale of...
How a College Is Partnering with Churches to Boost Employment for the Disabled
Contrary to popularperceptions, people with disabilities are equipped with unique skills and creative capacity, giving them a powerful role to play in the world economy, whether as restauranteurs, goldsmiths, warehouse workers, marine biologists, car washers, or Costco employees. Unfortunately, those gifts are not always recognized by the marketplace. According to the U.S. Department of Labor, the unemployment rate for those with disabilities is more than doublethe average for thosewithout. Thankfully, that blind spot is slowly being revealed, whether by forward-thinking...
Audio: Rev. Robert A. Sirico on the Free Market and Environmental Stewardship
Conference Panel for “In Dialogue With Laudato Si'”, December 3, 2015 Today at the Pontifical University of the Holy Cross in Rome, the Acton Institute has organized a half-day conference called “In Dialogue With Laudato Si’: Can Free Markets Help Us Care For Our Common Home?” in response to Pope Francis’ appeal in Laudato Si’for“a new dialogue about how we are shaping the future of our planet.” In advance of the conference, Acton Institute President Rev. Robert A. Sirico was...
Black Friday and the Moral Goodness of the Market Economy
“The real question is not does morality inform the market,” says Rev. Gregory Jensen in the second entry of this week’s Acton Commentary, “but whose morality informs the market.” Consumer disapproval of Black Friday has caused a drop in demand. Consequently, retailers have curtailed their investment in these kinds of sale events. If economics is agnostic as to what motivates the change in demand, as a Christian I can’t be. Retailers are responding to the moral cues of shoppers and...
Video: Marina Nemat on Finding Faith in an Iranian Prison
On November 19, the Acton Institute was pleased to e Marina Nemat to the Mark Murray Auditorium as part of the 2015 Acton Lecture Series. Marina was born in 1965 in Tehran, Iran, in what was at the time a relatively secular and free nation. (Granted, she lived under the dictatorship of Mohammad RezaPahlavi – the Shah of Iran – but as we were reminded a couple of weeks ago by Jay Nordlinger, when es to dictators you have to...
Should Faith-Based Refugee Resettlement Groups Be Debt Collectors?
Over the past few months there has been a lot of discussion about refugees and resettlement. But not much is said about the logistical problems the refugees have to e. For example, how exactly do they get to the United States? The answer is that they have to travel—and thatcosts money. For those who can’t afford to cover the cost themselves, the U.S. government issues interest-free loans through the U.S. Refugee Resettlement Program. The loan repayments are due every month,...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved