Home
/
RELIGION & LIBERTY ONLINE
/
Unemployment as Economic-Spiritual Indicator — October 2014 Report
Unemployment as Economic-Spiritual Indicator — October 2014 Report
Sep 8, 2025 12:02 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 change is marked by (NC).

Unemployment rate (+): declined by 0.8 percentage point to 5.8

Total number unemployed (+): decreased by 1.2 millionto 9.0 million.

Employment-population ratio (+): 59.2 percent.

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

Long-term unemployed (+): 2.9 million.

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

Persons employed part time for economic reasons (NC): 7 million.

Discouraged workers (-): 770,000.

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
7 reasons you should care about economic liberty
Christians who support the free market often find ourselves accused of worshiping, in the words of the New York Times, “a false idol” – a thought, shared by a disconcerting number of evangelical Christians and Roman Catholics alike. Yet irrefutable proof to the contrary issued from two very different venues and literally echoed all over the world this week. From the unassuming and scholarly halls of Canada’s Fraser Institute on Tuesday came its annual report detailing the state of global...
Video: Hank Meijer on the global impact of Senator Arthur Vandenberg
Students of 20th century American history know of the importance of the Marshall Plan to the effort to rebuild Europe after World War II, as well as the leading role taken by the United States in building international institutions and alliances that would be central to maintaining peace and checking the expansionist desires of munist world. What you may not know is that a central figure in the creation of those institutions was a United States Senator from Michigan who,...
The failure of ‘good intentions’ in America’s entitlement state
Amid the flurry of anti-poverty activism gone wrong, we are routinely reminded thatgood intentions aren’t enough. Although the motives of our hearts often serve as fuel for positive transformation, our corresponding efforts also require reason, wisdom, discernment, and a healthy recognition of real-world ripple effects and constraints. In public policy, we see an unfortunate mix of good intentions and unintended harm across a range of issues, from disaster relief to foreign aid to healthcare policy and beyond. At present, however,...
Cuba’s doctor rebellion: ‘You get tired of being a slave’
“You are trained in Cuba and our education is free. Health care is free, but at what price?You wind up paying for it your whole life.” –Dr. Yaili Jiménez Gutierrez In 2013, the World Health Organization brokered a deal through which Cuba would export doctors to Brazil to serve in its poorest and most remote areas. Yet as Brazil began to reap the benefits of improved care and decreased mortality rates, the Cuban doctors began to see their home’s regime...
Radio Free Acton: The connection of faith and work; the legacy of Walker Percy
On this episode of Radio Free Acton, Associate Director of Program Outreach at Acton, Dan Churchwell, and Missy Wallace, executive director of the Nashville Institute for Faith and Work, discuss how Missy became interested in the connection between faith and work, and why it is an important topic in business. Then, Caroline Roberts speaks with Brian A. Smith, managing editor of Liberty Fund’sLaw and Libertypublication, on Walker Percy’s life and works, as well as his relevance today. Check out these...
5 ways the West gets African development all wrong
“In the last few weeks, Africa witnessed two major events that could influence the continent’s economic landscape in ing decades,” says Ibrahim B. Anoba in this week’s Acton Commentary. First was the visit by British Prime Minister Theresa May and her pledge of $5.1 billion in investments continent-wide, as the UK prepares for life after Brexit. Next followed the gesture of Chinese President Xi Jinping, who offered $60 billion in loans and aid to African leaders at the Forum for...
Tribalism and the dangers of identity economics
Occasioned by some local controversy over a political endorsement by the Grand Rapids Chamber of Commerce, in the Detroit News today I have a piece worrying about the implications of what might be called ‘identity economics,’ or “where we only agree to economic transactions with those who agree with us on an ever-growing list of moral or even political shibboleths.” A highlight: The deleterious effects of limiting our economic and social interactions on the basis of visible characteristics like ethnicity...
Business Matters: Meaningful Work in the Modern Age
Like everything else in 2018, business has an emotional and often polarizing effect in our society. There are, of course, legitimate stories of business behaving badly. One high-profile example: the Facebook and Cambridge Analytica debacle that thrust the social media giant into the spotlight with a data breach affecting 87 million users. Cronyism remains alive and well, as witnessed by the Foxconn deal in Wisconsin. Cities are clamoring to win the coveted second headquarters location for Amazon, offering corporate welfare...
C.S. Lewis on the necessity of chivalry
There are few concepts today more dismissed—and yet more necessary—than chivalry. During the Middle Ages chivalry was a moral system bined a warrior ethos, knightly piety, and courtly manners. As C.S. Lewis writes in “The Necessity of Chivalry“—my favorite essay of his—the medieval ideal brought together fierceness and meekness, “two things which have no natural tendency to gravitate towards one another.” “It brought them together for that very reason,” says Lewis. “It taught humility and forbearance to the great warrior...
Explainer: The Supreme Court confirmation process
Today, the Senate Judiciary Committee is hearing allegations against Supreme Court nomineeJudge Brett Kavanaugh. This is likely to be the final stage in the process the will either approve or disapprove his appointment to the Court. Here is what you should know about the confirmation process. What does Supreme Court confirmation entail? According to the U.S. Constitution, federal judges—including Justices of the U.S. Supreme Court—are appointed by the president with the advice and consent of the U.S. Senate. Although the...
Related Classification
Copyright 2023-2025 - www.mreligion.com All Rights Reserved