Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — August 2017 report
Unemployment as economic-spiritual indicator — August 2017 report
Apr 18, 2026 11:37 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
Brazil needs a right-wing intellectual movement
That Brazil experienced a surprising political movement and elected a right-wing government after decades of a democratic socialist regime, many people already know. However, a political movement is not enough to change the future of a nation. The reality is that Brazil is missing the most important element needed to root out an ideology of tyranny: an intellectual movement. The lack of a right-wing intellectual movement can cause dangerous consequences in Brazil. In the book The Intellectuals and Socialism, Friedrich...
Virtue in a tech economy: Why STEM education isn’t enough
As our global economy has grown more technological, connected, plex, fears continue to loom about an economic future wherein our workers are rendered obsolete—whether by new products and industries, new forms of automation, or petitive labor forces across the globe. Struggling to keep up with the pace, e to embrace technical knowledge and skills-based expertise as the supreme value in many of our educational institutions, crafting a host of STEM education programs and various incentives to prod and prepare our...
Explainer: What you should know about the federal government’s two-year budget deal
What just happened? Yesterday the House of Representatives passed a passed a two-year budget and an agreement to once again raise the debt limit. The bill, known as the Bipartisan Budget Act of 2019, is expected to be passed by the Senate next week. What does the Bipartisan Budget Act of 2019 do? The legislation amends the Balanced Budget and Emergency Deficit Control Act of 1985 to establish a congressional budget for fiscal years 2020 and 2021. The main actions...
Inadequate: Catholic magazine explains why it published Communist propaganda
If Dean Dettloff’s “The Catholic Case for Communism” were intended to be thought-provoking, it raises only one question: Why did America magazine facilitate this mendacious PR exercise? Editor Fr. Matt Malone, S.J.. felt a need to explain “Why we published an essay sympathetic munism.” (Read our analysis of the original article here.) Fr. Malone likened the article to the magazine bashing Senator Joe McCarthy, which he said took place after America “spent much of the previous 50 years loudly munism.”...
Why do we hate whistleblowers?
Americans claim to hate fraud and corruption. Yet we also tend to despise and discourage those who “snitch” and expose such crimes. How do we reconcile these contradictory positions? Today is “National Whistleblower Appreciation Day,” an observance to celebrate people e forward to raise the alarm about a problem within government or a public organization. In honor of the day I mend watching this video by Kelly Richmond Pope, an accounting professor turned documentary filmmaker, who considers why we hate...
First Things Interviews Samuel Gregg about his new book
In a newly released interview, senior editor at First Things, Mark Baulerein, sits down with Samuel Gregg to discuss his new book, Faith, Reason, and the Struggle for Western Civilization. Gregg discusses the relationship between reason and faith among other topics that he addresses in his book. Gregg states: One of the things I try to argue in this book is that if you want to understand a civilization that has taken things like liberty, rule of law, creativity, justice,...
Boris Johnson: Where there is a vision, the people flourish?
Newly elected UK Prime Minister Boris Johnson eliminated half of Theresa May’s Cabinet members during his first day on the job. That es as Johnson presents a unique vision of economic liberty at home and independence from the European Union, writes Rev. Richard Turnbull in a new essay posted at the Acton Institute’sReligion & Liberty Transatlanticwebsite. Rev. Turnbull notes Johnson’s mitment to economic liberty, a view that has not been so strongly embraced since the time of Margaret Thatcher. After...
French-language readers of transatlantic learn of free-market environmentalism
The Acton Institute continues our outreach to the Francophone world with a new translation of one of our articles on the pivotal issue of environmental stewardship. The latest offering illustrates how the free market cares for creation better than government intervention. Our friend Benoît H. Perringraciously translated Joseph Sunde’s article “Free market environmentalism: Conserving and collaborating with nature”; the resultant “Une écologie de marché pour collaborer avec la nature” may be read at Acton’s Religion & Liberty Transatlantic website. Sunde...
Edmund Burke on true freedom
In the United States, a growing number of Americans, especially young Americans, are calling for extreme personal autonomy in the guise of “freedom,” while promoting increased government control and coercion. The left, for example, defends radical pro-abortion laws motivated by a desire for personal autonomy. Yet, they look to the government to enforce their radical individualism. Additionally, the left’s praise of democratic socialism has increased dramatically in the past decade. Now, over half of Democrats are in favor of socialism...
Samuel Gregg on a bishop in France’s public square
Michel Aupetit, the Archbishop of Paris, was rather new to his role when the Cathédrale Notre-Dame de Paris fire pushed him into the spotlight. But Aupetit was more than ready to take his place in the public square, says Samuel Gregg. In a book review for The University Bookman, Gregg considers the archbishop’s role in the representing the Catholic faith: Archbishops of Paris have traditionally been seen as representative of Catholicism in France and setting the tone for how the...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved