Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as Economic-Spiritual Indicator — November 2014 Report
Unemployment as Economic-Spiritual Indicator — November 2014 Report
Mar 28, 2026 3:34 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 thelatest numberswe 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 change is marked by (NC).

Unemployment rate (NC): remained unchanged at 5.8 percent.

Total number unemployed (-): slight increase to 9.1 million.

Employment-population ratio (NC): 59.2 percent.

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

Long-term unemployed (+): declined slightly, from 2.9 to 2.8 million.

Civilian labor force participation rate (NC): 62.8 percent.

Persons employed part time for economic reasons (+): declined slightly, from 7 to 6.9 million.

Discouraged workers (+): declined from 770,000 to 698,000.

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:

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
Samuel Gregg: Two Useful Moments in Last Night’s Debate
Acton’s director of research Samuel Gregg’s reaction to last night’s GOP presidential debate is up at NRO’s The Corner. Like most people who saw the debate, he didn’t like the childish bickering, of which he says “the trivializing effects upon serious discussion are hard to deny.” “There were, however, two useful moments,” he says: One was several candidates’ efforts to put the contemporary disease of identity politics in its appropriate place (i.e., the grave). The second was a number of...
Vatican Economic Analysis Incomplete, Says Gregg
Acton’s director of research Samuel Gregg has provided his reasoned take on the new document from the Pontifical Council for Justice and Peace — it’s up at The Corner. While its diagnosis of the world economy is fairly accurate, the council’s treatment plan is lacking in prudential analysis. Gregg’s disappointment is expressed at the end: “For a church with a long tradition of thinking seriously about finance centuries before anyone had ever heard of John Maynard Keynes or Friedrich Hayek,...
Taxes Yesterday, Today, and Tomorrow
Amid the hustle and bustle of preparing for tonight’s Acton Institute annual dinner, I’m trying to carve out some time to make final preparations for my participation in the 9th Annual Christian Scholars’ Symposium hosted by the Christian Legal Society. Tomorrow afternoon I’ll be debating with Gideon Strauss of the Center for Public Justice on the question, “Justice, Poverty, Politics & the State: Is There a Christian Perspective?” One of the pressing issues related to the size and scope of...
Vatican Releases Note on Global Financial Reform
This morning the Pontifical Council for Justice and Peace issued a bold statement advising how to bring order to the global financial crisis. I was in attendance at the much anticipated press conference that was organized to debrief reporters on the statement’s content. The statement came in the form of a “Nota” (“Note” in Vatican terms): Towards Reforming the International Financial and Monetary Systems in the Context of Global Public Authority. The President and Secretary of the Council, together with...
Nothstine on Occupy Wall Street’s Utopian Aims
New polling data on the Occupy Wall Street protesters (HT: blog) shows that the “movement” isn’t exactly representative of America’s downtrodden: Rather, prises an unrepresentative segment of the electorate that believes in radical redistribution of wealth, civil disobedience and, in some instances, violence. Half (52%) have participated in a political movement before, virtually all (98%) say they would support civil disobedience to achieve their goals, and nearly one-third (31%) would support violence to advance their agenda. The vast majority of...
Jim Wallis Speaks to Grand Rapids’ Aged
Jim Wallis, the author, public theologian, speaker, and mentator behind the Christian Left’s Circle of Protection, was in Grand Rapids last night, and I went to hear him speak. Wallis was presented as the latest in a long line of progressive luminaries to speak (or play their guitars) at the Fountain Street Chruch: Eleanor Roosevelt, Clarence Darrow, Margaret Sanger, Malcolm X, Gloria Steinem, U2, and the Ramones have all appeared on the same dais. He was introduced to speak about...
Frank Schaeffer’s Fundamentalist Fakery
Frank Schaeffer: Bachmann, Palin, Perry Use Religion Like Snake Oil Salesmen (2011) Remaining Orthodox in a Secular World : A Sermon by Frank Schaeffer (2002) Mark Tooley, president of the Institute on Religion and Democracy (IRD), has a story on about Frank Schaeffer’s call for the Occupy Wall Street protesters to go after evangelical Christians. Schaeffer is the son of evangelical theologian Francis Schaeffer (1912-1984). Tooley: A blogger for The Huffington Post, young Schaeffer is now faulting religious conservatives for...
Commentary: Rome and Moscow Make Common Cause
With Europe’s traditional moral framework – Christianity – under increasing attack, the Roman Catholic and Russian Orthodox churches are drawing closer in order bat the forces of secularism and “Christophobia.” Rev. Johannes L. Jacobse looks at efforts to set aside long held theological disputes and forge a unity of action on social questions. Subscribe to the free weekly ANC and other Acton publications here. +++++++++ With the Rise of Militant Secularism, Rome and Moscow Make Common Cause By Rev. Johannes...
EU Regulation Makes its Way to the US
The aggrandizement of the European Union’s powers, particularly of its regulation, has had a steadygrowth within Europe, and is now looking to move outside European borders. Namely in one American industry, the airline industry, passengers may soon be paying higher air fares, not because of factors within the American financial market, but because of a carbon emissions tax that the EU will be imposing on American airlines which service flights to EU member countries. For example, if an American carrier...
Vatican’s Call for Central World Bank: What the Left Misses
Samuel Gregg is quoted in today’s New York Times story about the Vatican note calling for a central world bank — he gives the final word on the document. The “politically liberal Catholics” quoted before him reveal that they have missed a crucial distinction in the document produced by the Pontifical Council for Peace and Justice. Gregg, of course has picked up on that distinction; he wrote yesterday: Putting aside doctrinal questions, this text also makes claims of a more...
Related Classification
Copyright 2023-2026 - www.mreligion.com All Rights Reserved