Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as economic-spiritual indicator — May 2017 report
Unemployment as economic-spiritual indicator — May 2017 report
Dec 14, 2025 3:42 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 (-): 138,000

Unemployment rate (NC):4.3 percent

Total number unemployed (NC): 6.9 million.

Employment-population ratio (NC): 60.0 percent.

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

Long-term unemployed (NC): 1.7 million and accounted for 24.0 percent of the unemployed.

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

Persons employed part time for economic reasons (NC): 5.2 million.

Discouraged workers (+): 355,000.

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
Will Chicago Mandate the “Everyday Low Price” too?
Chicago’s City Council passed a measure last week that mandates “big box” stores such as Wal-Mart, Best Buy and Lowe’s to pay workers — regardless of experience — a minimum wage of $13 an hour including benefits by 2010. See the opinion piece in today’s Wall Street Journal. The justification is to help poor people have a better standard of living. Is this another example of good intentions mixed with bad economics? This time I doubt the intentions are to...
The New Suburbanism
How many of you would like to live here? Tom Monaghan has received a lot of attention for his plans to create munity in Florida in conjunction with the founding of a new Roman Catholic university: “The panying town will provide single- and multi-family housing in a wide range of styles and prices, along mercial and office facilities to modate the businesses and organizations needed to support this major academic institution.” Here’s what Katie Couric had to say in an...
Religious Freedom in China
Do economic, political, and religious freedom go together? Rodney Stark, writing in his recent book The Victory of Reason, says that “It seems doubtful than an effective modern economy can be created without adopting capitalism, as was demonstrated by the failure of mand economies of the Soviet Union and China.” He also writes, There are many reasons people embrace Christianity, including its capacity to sustain a deeply emotional and existentially satisfying faith. But another significant factor is its appeal to...
Thar She Blows
Might these be the new “Cuisinarts of the sea”? This story, “Energy from the Restless Sea,” in today’s NYT examines the efforts of experimental inventors to find machines that excel in “harnessing the perpetual motion of the ocean and turning it into modity in high demand: energy.” There are a variety of designs and types of machines, so of course not all of them are a danger to chop up hapless fish. Watermill of Braine-le-Château, Belgium (12th century). Photograph taken...
Coulter on Christianity and the Welfare State
In this Beliefnet interview conducted by Charlotte Allen, conservative firebrand Ann Coulter references the work of Acton senior fellow Marvin Olasky: Is it possible to be a good Christian and sincerely believe, as Jim Wallis does, that a bigger welfare state and higher taxes to fund it is the best way in plex modern society for us to fulfill our Gospel obligation to help the poor? It’s possible, but not likely. Confiscatory taxation enforced by threat of imprisonment is “stealing,”...
On Blogging
G. K. Chesterton on Journalists: “…there exists in the modern world, perhaps for the first time in history, a class of people whose interest is not in that things should happen well or happen badly, should happen successfully or happen unsuccessfully, should happen to the advantage of this party or the advantage of that party, but whose interest simply is that things should happen. “It is the one great weakness of journalism as a picture of our modern existence, that...
‘We get Viagra. They get malaria.’
At least, the title of this post is typical of the mantra against the practices of drug panies, according to Peter W. Huber’s “Of Pills and Profits: In Defense of Big Pharma,” in Commentary magazine (HT: Arts & Letters Daily). Huber, a senior fellow of the Manhattan Institute, summarizes in brief the pany argument, and then goes on to examine what truth there is in such claims. He says of the difference between creating and administering drugs, “Getting drug policy...
Theocracy Paranoia
mented previously on Randall Balmer’s new book. The online article this month from First Things is Ross Douthat’s excellent review of a raft of books (including Balmer’s) that take up similar themes. In a nutshell, there is currently a lot of hyperventilating about the danger of an unholy alliance between church and state in the United States, which, to most religious folks probably seems to read the trends 180 degress wrong. Douthat doesn’t even include Damon Linker’s book (an expansion...
Are You Ready or Really Ready?
vs. Almost everyone has been critical of the government’s methods when es to disaster preparedness and response. We here at Acton also tend to be very focused on the importance of private enterprise when es to dealing with local problems. And so I present an interesting case study for your analysis: The Department of Homeland Security has created a website, www.ready.gov, that promises to be a resource for those facing an imminent natural disaster. The Federation of American Scientists has...
The ‘Moral’ Minimum Wage Increase Hurts Teens and Minorities
Religious activists are stumping for a minimum wage increase as a way to help the disadvantaged. But do they understand the economics? Anthony Bradley observes that government-mandated pay hikes “actually hurt teens and low-skilled minorities in the long run because minimum wage jobs are usually entry-level positions filled by employees with limited work experience and few job skills.” Read the mentary here. ...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved