Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — September 2018 report
Unemployment as economic-spiritual indicator — September 2018 report
Apr 8, 2025 12:37 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).

Number of new jobs added (NC): 134,000.

Unemployment rate (+):3.7 percent.

Total number unemployed (+): 6.0 million.

Employment-population ratio (NC): 60.4 percent.

Change by worker groups: adult men (NC), adult women (+), teenagers (NC), blacks (NC), whites (+), Asians (NC), and Hispanics (NC).

Long-term unemployed (NC): 1.4 million and accounted for 22.9 percent of the unemployed.

Civilian labor force participation rate (NC): 62.7 percent.

Persons employed part time for economic reasons (-): 4.6 million.

Discouraged workers (+): 383,000.

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
Woe un2mnkind!
A British mobile pany has hired a professor of literature to write up short quotations from various masterpieces. The goal is to help make “great literature more accessible” by offering short, truncated, text messages to students via cell phones. A Reuters story quoted pany: “We are confident that our version of ‘text’ books will genuinely help thousands of students remember key plots and quotes, and raise up educational standards rather than decrease levels of literacy,” pany, Dot Mobile, said in...
Don’t wait for government
This month’s Esquire magazine is the annual “Genius” issue (with Bill Clinton as the coverboy, which might seem strange until you realize that the word “genius” is related to the words “genii” and “jinn,” which in mythology were often negative spiritual beings, monly believed to be responsible for diseases and for the manias of some lunatics”). Speaking about the trouble with working through and for bureaucratic governments in his article “What I Did on My Summer Vacation: I Went to...
‘Your mind makes it real’
Check out this Marketplace story about real money being spent in the virtual world. modities of online gaming have real-world value to people, to the extent that a virtual island can cost upwards of $26,000 in the world of Project Entropia. This leads me to ask with the Matrix’s Morpheus: ‘What is “real”? How do you define “real”? If you’re talking about what you can feel, what you can smell, what you can taste and see, then “real” is simply...
Faith in science
To expand the “scientist” as “priest” metaphor a bit, you may find it interesting to read what Herman Bavinck has to say on the fundamental place of “faith” with respect to all kinds of knowledge, including not only religious but also scientific: Believing in general is a mon way in which people gain knowledge and certainty. In all areas of life we start by believing. Our natural inclination is to believe. It is only acquired knowledge and experience that teach...
Digital rights fiasco
The newest phase in the fight for digital/intellectual property rights involves the recent Digital Rights Management software from Sony. Apparently, Sony’s “protected” audio CDs have been installing a “rootkit” onto puter, and opening up puter to yet more malicious software on the Internet (as if it isn’t bad enough already without a Sony rootkit). There are a couple of things I want to say about this – first, a short description of exactly what the problem is; and secondly, a...
The priestly voice of science
Thomas Lessl, Associate Professor in the Department of Speech Communication at the University of Georgia, talks about the “priestly voice” of science. He argues that “scientific culture has responded to the pressures of patronage by trying to construct a priestly ethos — by suggesting that it is the singular mediator of knowledge, or at least of whatever knowledge has real value, and should therefore enjoy mensurate authority. If it could get the public to believe this, its power would vastly...
Lime green trickle down machine
At the the UN net summit in Tunis, MIT’s Nicholas Negroponte has showcased his hundred puter. The small, durable, lime colored, rubber-encased laptop is powered by a hand crank, and is designed to make technology more accessible to poor children in countries around the world. If I may speak of ‘trickle-down’ technology, this is the perfect example. This announcement–an announcement of a tool to help poor countries–may not be the best time to note the virtues of richer ones; and...
Run, don’t walk
Among the ways the UN’s World Food Programme (WFP) is going about attempting to raise public awareness of hunger issues is the use of “celebrity” athlete spokesmen. Paul Tergat, who won this year’s New York City Marathon, was a recipient of WFP aid when he was growing up in Kenya. Listen to a Morning Edition story on Tergat and the WFP here. Tergat is specifically the pitchman for the WFP’s Race Against Hunger project, targeted at about 300 million schoolchildren...
The fair-trade fallacy
Let me quickly respond to this week’s Acton Commentary: While I agree in broad strokes with Dr. Larrivee’s analysis of the questionable assumptions of the fair trade movement, with respect to coffee in particular, I don’t agree that the problem is “low productivity in the countries in which farmers live.” I have previously argued that the source of the issue is in fact too much coffee, so that the market is saturated and cannot sustain high prices given the declining...
Bishops against death penalty
The US Bishops have issued a statement calling for an end to the use of the death penalty, part of their larger campaign to end the death penalty. I’m sympathetic to the thrust of the statement and to many of its claims. The statement makes its case firmly, yet invites dialogue and debate. It adverts to the Catechism of the Catholic Church, accurately reflecting the Church’s teaching on the matter. It pelling arguments against the death penalty on theological and...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved