Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — July 2017 report
Unemployment as economic-spiritual indicator — July 2017 report
Dec 28, 2025 10:56 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):4.3 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
Video: Sirico On Pope Francis’ Address To Congress – Fox Business Channel
Acton Institute President Rev. Robert A. Sirico had the privilege of attending the special joint session of Congress today as the guest of Michigan Representative Bill Huizenga; after Pope Francis’ address, he was asked for his take by Neil Cavuto on the Fox Business Channel; the video is available below. And of course, be sure to monitor our special page covering Laudeto Si’, the pope’s visit to the United States, and the news and perspectives surrounding his pontificate for all...
Religious Shareholders: Spiritual or Political?
I have a friend who owns a vacation home that he rents out by the week and on weekends. It’s a cozy place surrounded by forest with access to one of the Great Lakes. It’s a perfect place to get away from it all, replenish the spirit and relax. The rent also helps my friend financially. Lately, however, he feels less inclined to offer his house to vacationers. It seems some of his renters take it upon themselves to move...
15 Key Quotes from Pope Francis’s Address to the United Nations
This morning Pope Francis gave an address to the UN General Assembly. As the pontiff mentions in his speech, this is the fifth time since 1965 that a pope has visited the United Nations. In the lengthy address Pope Francis covers a wide range of topics, from the rule of law to nuclear weapons to the drug trade. Here are 15 key quotes from the speech: Usury and Oppressive Lending Systems [The equitable influence on decision-making processes by all countries]...
Trigger Warning: This Article Contains References to ‘Citizens United’ and ‘Dark Money’
Your writer has identified a surefire, two-word mantra guaranteed to elicit shrieks of terror and the rending of garments from the left: “Citizens United,” shorthand for the Supreme Court decision that overturned the Bipartisan Campaign Finance Reform Act of 2002. The runner-up spot is reserved for the phrase “dark money,” which are trigger words for private donations from individuals and corporations. Despite all the phony-baloney rationalizations the left hurls at private donations and limits, there’s nothing really to be concerned...
How God and Man Make a Sandwich
In 1958, Leonard Read published his brilliant essay, “I, Pencil.”Read’s original essay was written from the point of view of the pencil and the humble writing implement explains why it is as much a creation of God as a tree. Since only God can make a tree, I insist that only God could make me. Man can no more direct these millions of know-hows to bring me into being than he can put molecules together to create a tree. For...
Entrepreneur Day
Today at the Library of Law and Liberty, I take a cue from probablist Nassim Nicholas Taleb and call for memoration of a National Entrepreneurs Day: One has been proposedin the U.S. House of Representatives, and probabilist Nassim Taleb has given us a fully developed argument as to why we should have one. I second the motion. In Antifragile, his 2012 book, Taleb confesses that he is “an ingrate toward the man whose overconfidence caused him to open a restaurant...
Pope Francis Says Even Government Officials Have ‘Human Right’ to Conscientious Objections
When Pope Francis gave addresses at the White House, Congress, and the UN, he mentioned the importance of religious freedom. But many people (including me) were rather disappointed that he didn’t speak more specifically about what sorts of religious liberties are under threat. Once aboard the papal plane, though, it appears the pontiff provided more clarity on the issue. According to Reuters, the pope said government officials have a “human right” to refuse to discharge a duty, such as issuing...
Pope Francis is Releasing a Prog-Rock Album
During his visit to the U.S. Pope Francis has been treated likea rock star. So it’s probably not surprising that he’ll soon be doing what real rock start do: releasing an actual rock album. A prog-rock album. According to Rolling Stone magazine, The Vatican-approved LP, a collaboration with Believe Digital, features the Pontiff delivering sacred hymns and excerpts of his most moving speeches in multiple languages paired with uplifting musical paniment ranging from pop-rock to Gregorian chant. Wake Up! arrives...
Acton University Lecturer: Islam’s Fatalism
Longtime Acton University lecturer (andauthor of “Islam Without Extremes: A Muslim Case for Liberty”) Mustafa Akyol discusses the recent tragic deaths at Mecca in The New York Times. More to the point, Akyol talks about the fatalism which seems inherent in Islamic theology. More than 100 people died when a crane collapsed in Mecca earlier this month. While Saudi Arabian authorities spoke of negligence on the part of the crane operators, pany itself seemed to be absolved of guilt: The...
Kickstarter: Capitalism’s Superior Alternative to the NEA
Several years ago, as a music student in college, I remember hearing plaints about “lack of funding for the arts.” Hardly a day would go by without a classmate or professor bemoaning the thin and fickle pockets of the bourgeoisie or Uncle Sam’s lack of artistic initiative. Little did we know, a shake-up was already taking place, driven by a mysterious mix of newfound prosperity, entrepreneurial innovation, and the market forces behind it. The digital revolution was beginning to level...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved