Unemployment rate drops to 8.1% and it's not a good thing

Unemployment numbers were released today, revealing a drop from 8.3% to 8.1%. But, is that really accurate? Or have so many people given up on finding a job that the participation rate has skewed the report? This morning on radio, Glenn discussed the jobs report and gave you the information behind the report that this administration doesn't want you to know.

"The number of unemployed is actually up," Glenn told listeners this morning.

Why?

Glenn explained that the participation rate is down, which creates the illusion that more people have found work than really have. In other words, if people hadn't given up on looking for work and turned to government assistance, the unemployment rate would reveal 11.2% unemployment - but to be included in the unemployment numbers, you have to actively be seeking work.

"Food stamps have literally gone through the roof," Glenn reminded listeners. "If the same number of people were looking for work as they were under George W. Bush, if they hadn't dropped out and just gone on to food stamps, that number now would be at 11.2%."

And even that number is likely to be skewed. After Jimmy Carter, the way the unemployment numbers were calculated changed. The real number could be 16% or even higher.

"They're going to tout this as a good thing," Glenn said.

But if that were true, Ben Bernanke and the Fed wouldn't be discussing printing more money right now.

James Pethokoukis at the American Enterprise Institute explained in a recent blog:

"This was not the employment report either American workers of the Obama campaign were hoping for. It shows the U.S. labor market remains in a deep depression, generating few jobs and little if no income growth."

A few of the unsettling details that AEI shares are that non-farm payrolls increased by 96,000 in August (well below expectations), average job growth per month is down from last year, and, like Glenn noted, the participation rate is plummeting.

In fact, according to Reuters, the participation is at its lowest level since September 1981.

"If the labor force participation rate was the same as when Obama took office in January 2009, the unemployment rate would be 11.2%. If the participation rate had just stayed the same as last month, the unemployment rate would be 8.4%."

 

Get more details HERE.

Recently on The Glenn Beck Program, Stu explained what President Obama said unemployment numbers would under his policies...and what they really are - WATCH:

In the president's speech last night at the DNC, he didn't seem to have a change of plans or policies for his second term, so it's likely another four years of this administration would mean another four years of, at best, a stagnate economy.

SHARE this information with your friends, your neighbors and your family, because like Stu has been saying all summer: given everything we now know, if we elect this president for a second term, we deserve everything we get.

COVID is back! Or that is what we’re being told anyway...

A recent spike in COVID cases has triggered the left's alarm bells, and the following institutions have begun to reinstate COVID-era mandates. You might want to avoid them if you enjoy breathing freely...

Do YOU think institutions should bring back COVID-era mandates if cases increase? Let us know your thoughts HERE.

Morris Brown College

Both of Upstate Medical's hospitals in Syracuse, New York

Corey Henry / Senior Staff Photographer | The Daily Orange

Auburn Community Hospital, New York

Kevin Rivoli / The Citizen | Auburn Pub

Lionsgate Studio

AaronP/Bauer-Griffin / Contributor | GETTY IMAGES

United Health Services in New York

Kaiser Permanente in California

Justin Sullivan / Staff | GETTY IMAGES

There was a time when both the Left and the Right agreed that parents have the final say in raising their children... Not anymore.

In the People's Republic of California, the STATE, not parents, will determine whether children should undergo transgender treatments. The California state legislature just passed a law that will require judges in child custody cases to consider whether parents support a child’s gender transition. According to the law, the state now thinks total affirmation is an integral part of a child’s “health, safety, and welfare.”

We are inching closer to a dystopia where the state, not the parents, have ultimate rights over their children, a history that people from former Soviet nations would feign repeating.

Glenn dove into the law AND MORE in this episode titled, "Parental Advisory: The EXPLICIT plot to control YOUR kids." To get all the research that went into this episode AND information on how YOU can fight back, enter your email address below:

If you didn't catch Wednesday night's Glenn TV special, be sure to check it out HERE!

The Biden admin has let in MORE illegal aliens than the populations of THESE 15 states

GUILLERMO ARIAS / Contributor | Getty Images

There are currently an estimated 16.8 MILLION illegal aliens residing in the United States as of June 2023, according to the Federation for American Immigration Reform (FAIR). This number is already 1.3 million higher than FAIR's January 2022 estimate of 15.5 million and a 2.3 million increase from its end-of-2020 estimate. Even Democrats like New York City's Mayor Adams Mayor Adams are waking up to what Conservatives have been warning for years: we are in a border CRISIS.

However, this isn't the same border crisis that Republicans were warning about back in 2010. In the first two years of the Biden administration alone, the illegal alien population increased by 16 PERCENT nationwide, imposing a whopping net cost of $150.6 BILLION PER YEAR on American taxpayers. That is nearly DOUBLE the total amount that the Biden administration has sent to Ukraine.

This isn't the same border crisis that Republicans were warning about back in 2010.

These large numbers often make it difficult to conceptualize the sheer impact of illegal immigration on the United States. To put it in perspective, we have listed ALL 15 states and the District of Colombia that have smaller populations than the 2.3 MILLION illegal immigrants, who have entered the U.S. under the Biden administration. That is more than the entire populations of Wyoming, Vermont, and South Dakota COMBINED—and the American taxpayers have to pay the price.

Here are all 16 states/districts that have FEWER people than the illegal immigrants who have entered the U.S. under the Biden administration.

1. New Mexico

Population: 2,110,011

2. Idaho

Population: 1,973,752

3. Nebraska

Population: 1,972,292

4. West Virginia

Population: 1,764,786

5. Hawaii

Population: 1,433,238

6. New Hampshire

Population: 1,402,957

7. Maine

Population: 1,393,442

8. Montana

Population: 1,139,507

9. Rhode Island

Population: 1,090,483

10. Delaware

Population: 1,031,985

11. South Dakota

Population: 923,484

12. North Dakota

Population: 780,588

13. Alaska

Population: 732,984

14. Washington DC

Population: 674,815

15. Vermont

Population: 647,156

16. Wyoming

Population: 583,279

POLL: Should the Government control the future of AI?

The Washington Post / Contributor | Getty Images

Earlier this week, tech titans, lawmakers, and union leaders met on Capitol Hill to discuss the future of AI regulation. The three-hour meeting boasted an impressive roster of tech leaders including, Elon Musk, Mark Zuckerberg, Bill Gates, Google CEO Sundar Pichai, OpenAI CEO Sam Altman, and others, along with more than 60 US Senators.

Tech Titans and Senators gathered in the Kennedy Caucus Room.The Washington Post / Contributor | Getty Images

The meeting was closed to the public, so what was exactly discussed is unknown. However, what we do know is that a majority of the CEOs support AI regulation, the most vocal of which is Elon Musk. During the meeting, Musk called AI "a double-edged sword" and strongly pushed for regulation in the interest of public safety.

A majority of the CEOs support AI regulation.

Many other related issues were discussed, including the disruption AI has caused to the job market. As Glenn has discussed on his program, the potential for AI to alter or destroy jobs is very real, and many have already felt the effects. From taxi drivers to Hollywood actors and writers, AI's presence can be felt everywhere and lawmakers are unsure how to respond.

The potential for AI to alter or destroy jobs is very real.

Ultimately, the meeting's conclusion was less than decisive, with several Senators making comments to the tune of "we need more time before we act." The White House is expected to release an executive order regarding AI regulation by the end of the year. But now it's YOUR turn to tell us what YOU think needs to be done!

Should A.I. be regulated?

Can the government be trusted with the power to regulate A.I.? 

Can Silicon Valley be trusted to regulate AI? 

Should AI development be slowed for safety, despite its potential advantages?

If a job can be done cheaper and better by AI, should it be taken away from a human?

Do you feel that your job is threatened by AI?