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.

There are new curriculum standards being implemented into schools throughout the nation for health classes that not only go far beyond what's appropriate for young children, but are entrenched in clear political biases, too. Under the standards, third-graders are taught about hormone blockers and endless gender identities, and topics get shockingly graphic for kids as young as 11. Some schools are even teaching their teachers and kids to ignore what parents have to say about these topics. And the worst part may be that many parents are completely unaware what their children are being taught.

Tina Descovich, co-founder of Moms for Liberty, joined "The Glenn Beck Program" to explain exactly what you can ask at your next school board meeting to ensure this "horrifying" curriculum isn't being taught in your kid's school.

Watch the video clip below:

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It should come as no surprise that a newsworthy story receives more media coverage when released on a Monday than a Friday. The reason is in part due to a large number of news-consuming Americans checking out for the week to focus on their weekend plans rather than the news.

On Monday's radio program, Glenn Beck shared information that President Joe Biden decided to release on Friday — when fewer people would notice — regarding the Climate Finance report. This report is marketed to Americans as "A Roadmap To Build a Climate-Resilient Economy." But Glenn believes the report to be Biden's Great Reset warning shot to banks.

In this clip, Glenn warned that if Americans don't stand together, in eight years we all indeed will own nothing. Watch the clip for the full story. Can't watch? Download the podcast here.



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On today's radio program, Glenn Beck was joined by Bill O'Reilly to discuss the top stories of the week.

For O'Reilly, the biggest story this week centered around someone mysteriously missing from mainstream media news reports today: Mark Zuckerberg. Specifically, O'Reilly said it's the 'scandalous' way the Facebook CEO spent nearly $420 million to influence the 2020 election — and did so successfully.

Watch the clip to hear the full conversation. Can't watch? Download the podcast here.

Want more from Glenn Beck?

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On Thursday's radio program, Grace Smith and her father, Andy, joined Glenn Beck on the phone and provided a first-hand account of Grace's refusal to wear a mask at school.

Smith, 16, began a maskless protest after her school district in Laramie, Wyoming, decided to implement a mask mandate. As a result, Grace received three suspensions, was issued two $500-citations, and was eventually arrested.

"How long were you in jail?" Glenn asked.

Grace said was taken to jail but was never booked nor was she was placed in a jail cell.

Glenn commended Grace's father, Andy, for raising such a "great citizen" and asked if it was Grace's idea to protest. Andy said it was Grace's idea, explaining that they took the position of arguing on the grounds of civil rights rather than the efficacy of wearing a mask.

Grace has since withdrawn from public school and started a home school program. She also told Glenn that she will continue to fight the school district, legally.

You can donate to Grace's legal fund here.

To hear more from this conversation click here.

Disclaimer: The content of this clip does not provide medical advice. Please seek the advice of local health officials for any COVID-19 and/or COVID vaccine related questions & concerns.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution, and live the American dream.