Posts tagged with: unemployment

extreme-povertyCan the world put an end to extreme poverty within the next 15 years?

That’s the current goal of the World Bank, and its expected that the United Nations will adopt that same target later this year.

In 1990, the UN’s Millennium Development Goals included a target of halving poverty by 2015. That goal was achieved five years early. In 1990, more than one-third (36 percent) of the world’s population lived in abject poverty; by 2010 the number had been cut in half (18 percent). Today, it is 15 percent.

Extreme poverty is defined as living on less than $1.25 a day. The new goal is to move almost all the world’s population about that line by 2030. Is that even possible?
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Unemployment-0306Series 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 for communities. 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).
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_70189222_464_unemployedUnemployment is a spiritual problem. When a person loses their job, they’ve lost a means to provide for their family, an important aspect of their human flourishing, and the primary way they serve their neighbors. With the loss in vocation comes a loss in meaning. Not surprisingly, unemployment can have long-term negative effects on communities, families, and a person’s subjective well-being and self-esteem.

The most disturbing effect of unemployment is the despair that can lead people to take their own lives. One out of every five suicides in the world can be associated with unemployment, according to a new study published in The Lancet Psychiatry. As Business Insider reports,
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UnemploymentSeries 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 for communities. 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).
(more…)

This post is part of a symposium on vocation between the Patheos Faith and Work Channel and the Patheos Evangelical Channel, and originally appeared at the Oikonomia blog, a resource from the Acton Institute on faith, work, and economics.


3218139011_6c328939cb_bWe’ve seen a renewed focus among Christians on the deeper value, meaning, and significance of our daily work, leading to lots of reflection on how we might “find God in the workplace.” As a result, Christians are becoming ever more attentive to things like vocation and calling, looking for transcendent purpose and value in the world of work, beyond simply funding missionaries or evangelizing co-workers.

Yet for those of us who find ourselves in seasons or careers that seem at odds with our vocation, such revelation can only add to our frustration. “If God has placed a calling on my life in the realm of business, what am I doing here?” we ask. We read or hear stories from stock brokers, garbage collectors, artists, and academics who feel “called by God” to their particular stations, yet when we look our own position, we feel and seenothing of significance. What gives?

If these are questions you’re wrestling with, God may indeed be in the process of moving you on to something else; if so, the process of uncovering those next steps will involve plenty of prayer, counsel, discernment, prudence, and wisdom (a topic for another day). But he may be calling you to simply endure and continue right where you are. In either case, the question remains: How can we persevere in the here and now? (more…)

_70189222_464_unemployedSeries 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 for communities. 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).
(more…)

_70189222_464_unemployedSeries 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 for communities. 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).
(more…)

European workers and trade union reps protest in Brussels

Things really aren’t looking good across the pond.  Acton’s Director of Research, Samuel Gregg, has written quite a bit about the decline in Europe. His latest ‘Meanwhile, Europe is (Still) Burning’ in the American Spectator, discusses the inability or unwillingness of European governments to respond to economic trouble.

Two of the world’s large economies, France and Italy, are examples of this. In France, workforce unemployment is 11 percent, the government has engaged in possibly illegal activity by hiding the fact that it hasn’t cut its fiscal deficits, and it won’t actually get around to making these cuts until 2017. The situation in Italy is even worse: unemployment is at 12.6 percent, youth unemployment is at 42.9 percent, and the country is ranked as one of the worst in the world in terms of “labor market efficiency.”

Despite these problems, necessary changes are not being made:

Prime Minister Matteo Renzi is the latest Italian head of government to propose some marginal labor-market reforms. Alas, he too has discovered that Italy’s unions are essentially opposed to anything except the status quo. That’s why an estimated 1 million Italians marched in the streets on October 25, claiming that “fundamental rights” (which evidently don’t extend to Italians below 30) were being endangered.

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job seekerAccording to the U.S. Department of Labor, unemployment across the country is at about 6.1 percent (here in Michigan, it’s at 7.4 percent, which puts us in the bottom 10 states.) That means a lot of folks are still struggling to find a job, or a job where they are not underemployed.

Peter Morici, an economist at the University of Maryland give 5 reasons for this. Have all the “good” jobs moved overseas? Do we need to raise the minimum wage? Are we Americans lagging behind in math and science? Here are Morici’s thoughts: (more…)

long-term-unemploymentThe longer that Americans are unemployed, the more likely they are to report signs of poor psychological well-being. A recent Gallup survey found that about one in five Americans who have been unemployed for a year or more say they currently have or are being treated for depression.

Gallup finds that unemployed Americans are more than twice as likely to say they currently have or are being treated for depression than both those with full-time jobs and those who have been unemployed for five weeks or less. According to the U.S. Department of Labor, there are currently 3.4 million people who have been unemployed for 27 weeks or more. These individuals accounted for 34.6 percent of all the unemployed.

A 2011 study of the long-term unemployed published by the Heldrich Center for Workforce Development at Rutgers University also found that half of participants experienced shame and embarrassment that led them to isolate themselves from friends and associates. Among the long-term unemployed, 31.1 percent reported spending two hours or less with family or friends the previous day, versus 21.5 percent among short-term unemployed adults.

Long-term unemployment is not just a mental health crisis; it’s also a spiritual crisis. And the church is the only institution in American that can adequately respond. “Fortunately, the church is in a unique place to explain Christ’s restoration of work,” says Michael Jahr, “the meaning of suffering, and the hope and peace that result from putting our trust in him.”
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