Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — July 2017 report
Unemployment as economic-spiritual indicator — July 2017 report
Jan 28, 2026 8:06 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):4.3 percent

Total number unemployed (NC): 7 million.

Employment-population ratio (NC): 60.2 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): 1.8 million and accounted for 25.9 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 (-): 536,000.

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
What does Amazon’s minimum wage have to do with the Church?
In a recent article for The American Spectator, Rev. Ben Johnson, senior editor at the Acton Institute, addresses some of the problems that arise for the Church as a result of Amazon’s recent wage raises. According to Johnson, “Amazon recently announced that it is raising the wage of its lowest-paid U.S. workers to $15 an hour, and above the proposed ‘real living wage’ in the UK.” es in addition to Amazon’s CEO Jeff Bezos’ “plans to lobby Congress to raise...
Are you more rational than the market?
Note: This is post #96 in a weekly video series on basic economics. The stock market is prone to certain anomalies. There’s the Monday Effect (where stocks fall more on Mondays), the January Effect (which says that stocks surge higher in that month), and the Momentum Effect (where past stock performance predicts future performance, at least a bit). Can’t a savvy investor take advantage of these anomalies to “beat” the market? Probably not. “Despite its flaws, the market is still...
From ideology to imagination: How Russell Kirk brought me back to conservatism
This is the third in a series celebrating the work of Russell Kirk in honor of his 100th birthday this October. Read more from the serieshere. As a young college student entering the fray of campus debates, I became enthralled with a particular variety of libertarian thought. Though once a conservative, I began to pack my brain with the likes of Bastiat, Mises, Hayek, and Rothbard. I grew confident in my opinions about policy and was proud of the ideological...
Radio Free Acton: The debasement of human rights; Econ quiz on USMCA
On this episode of Radio Free Acton, John Couretas, Director of Communications at Acton, speaks with Aaron Rhodes, a human rights activist based out of Hamburg, Germany, about Aaron’s new book “The Debasement of Human Rights.” Where does the notion of human e from and how can we better defend it? Then Caroline Roberts, Producer of Radio Free Acton, talks to Stephen Smith, Professor of Economics at Hope College, about the new North American trade agreement, the USMCA. They discuss...
Why Columbus is more important than you realize
There is likely no public secular holiday more controversial than Columbus Day. Since the observance first began to be celebrated in the nineteenth century it has been opposed by a diverse rage of groups, from the Ku Klux Klan to the American Indian Movement to the National Council of Churches. The Italian navigator tends to provoke strong reactions throughout the Western Hemisphere, and every year we renew our debates about whether he was a bold and brave explorer or a...
Force fathers to stay at home? A warning from Europe
It was a curious sight to see a Wall Street Journal op-ed call for social engineering to change the way families choose to raise newborn babies. It was more curious yet to see right-leaning Catholics endorse the notion “in the name of conservative family values.” This is especially true, as Europe shows the manifest failures and harmful effects of their chosen policy. Joanne Lipman opened the debate with her op-ed titled, “Want Equality? Make New Dads Stay Home.” She highlighted...
Listen: The Christian case for capitalism
The Institute of Economic Affairs explores the ethical argument for a free economy – and why Christians are not making it. In the latest episode of its podcast, an Anglican priest and a Catholic scholar discuss that question, as well as Archbishop Justin Welby’s homily against Amazon, Jesus’ supposed condemnation of wealth, and why clergy tend to support government intervention into the economy. Fr. Marcus Walker, Rector of St. Bartholomew’s Church (COE) in London, speaks with Religion & Liberty Transatlantic...
Watch Samuel Gregg’s 10 minute defense of religion and freedom
Let me take a moment to brag about my colleagueSamuel Gregg, the Director of Research here at the Acton Institute. Almost every week we post an article or video by Gregg here on the PowerBlog, and yes, that’s partiallybecause he’s one of us. But we’d be promoting his work even if he wasn’t a part of Acton for the simple reason that Gregg is one of the most articulate defenders of ordered liberty in the world. Don’t just take my...
The suffering of Cardinal Zen
This article is written by Moris Polanco, originally published by Instituto Fe y Libertad and republished with permission. The elderly cardinal Zen Ze-kiun, bishop emeritus of Hong Kong, said in his blog on February 5, 2018, “The brothers and sisters of mainland China are not afraid of being reduced to poverty, of being put into prison, of shedding their blood. Their greatest suffering is to see themselves betrayed by ‘family.’” He’s right. For a moment let’s put ourselves in the...
D.C. restaurants fight back: When workers oppose a higher minimum wage
Last June, Washington, D.C. residents voted to pass Initiative 77, a ballot measure that raised the minimum wage for all restaurant workers, including those making tips. Driven by Restaurant Opportunities Centers United (ROCUnited), the policy was meant to ensure that “that no one has to experience the financial es with being forced to live off tips.” Yet many of the very workers who the law sought to rescue or protectdidn’t want it in the first place, and fought vociferously to...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved