wrong things we're doing finalizing thing about this do worry about inflation, i think it is a big problem coming, i think that the wages are not keeping pace with cost of living. dagen: they are not not this year. big probe for workers. dagen: i want to thank everybody steve moore joanie, john lonski mike lee ryan james freeman and patrice onwuka, i hope i didn't forget anybody, i think i got you all there, thank you so much, jackie deangelis for stuart. good morning, i am president biden called his afghanistan withdrawal a, quote, extraordinary success but his approval rating dropped to 43% in the latest poll. the president will try again to distract from the failures in afghanistan. he will tour the damage in

louisiana from hurricane ida, he's heading for a long weekend at his speech house in delaware, 235,000 was huge miss. the markets dropping on the news that futures were positive, turned negative, the dallas higher by 21 points, the nasdaq by two but that is because the markets think the fed is not going to move so bad news is good news. marty walsh will join us on jobs fallout and we will ask what happened here. progress swinging against joe manchin after he urged fellow democrats to hit the pause button on biden's $3 trillion plan. the recall election in california two weeks away, the pressure is getting to governor gavin newsom.

he believes more stimulus checks should help, i will ask california gubernatorial candidate larry elder. a big show ahead. it is friday september 3rd. "varney and company" is about to begin. ck iejaie::: 235 jcrobeated eae. it w it a w big m bs. e>>e hadadmiteminute dt d .th we rein hg av h h nvinconvngback tba work, wowewo tho thtd be fu fu we'an gn. thele vararr

in these numbers. enhanced unemployment benefits across the country still in place. that could be a factor. you mix the two together. labor force participation didn't budge 67% so we would like to see that number going up more. it didn't budge from where it was the month before. construction went down, we did all right in transportation. government went down, leisure and hospitality, there wasn't a single job added, retail went down, average hourly earnings going up, a little more than expected, working into the inflation discussion now that we have this number. from stock market perspective not much, there could be

different views on this. you could make an argument for the federal reserve if you are looking at the number that this gives the fed covered to do what they were going to do, maybe they won't be as aggressive on tapering. that is leading people to believe the fed's plan does day in place. that will play out throughout the day. delta variant, enhanced unemployment benefits, this is a disappointing jobs report. jackie: bottom line the economy is slowing and we have to figure out why that is. it should be on an upswing. that is concerning.

i want to bring in kenny's reaction. will the fed take any action? the bad news becomes good news that you dig into this number and it is problematic. >> ultimately the top line is the top line and bad news is good news. it will be hard to know how the fed will raise rates. the perfect cover to let it go longer and rafael said the fed is prepared to let the economy run into such time they see inflation as a problem. nobody in the fed does. i would be striving -- surprised if you see an announcement. what you will here is more of the same but we are not there yet. it is a problem in terms of recovery.

i have a hard time believing it is the delta variant. people getting vaccinated, at least in florida where i am, there's people everywhere, out shopping or at dinner or out to the beach, life appears normal. can't imagine why people are not wanting to work. >> the enhanced unemployment benefits kept people at home. they unequivocally say that hasn't made a difference but you have to imagine it hasn't all the people we've spoken to who are trying to look for workers, they can't get people to fill the jobs even when willing to pay more than they would. >> enhanced benefits have done it but there is some truth to the argument people have taken this last year to rethink where

they want to go, that doesn't mean there is not plenty of opportunity, you go to any airport, people traveling and going everywhere, people in hotels and restaurants, why we are not seeing especially when they are willing to pay for money is very curious. >> a psychological shift, great to see you this morning. democrats cannot pass their $3 trillion spending plan without senator joe manchin. >> he can't afford and democrats did a strategic pause before passing was would be the largest spending bill in history. >> hit the pause button, let's see what happens. we have so much on our plate. that would be a wise thing to do. >> watch the trajectory and see

if the inflation is transitory, look at the consequences of adding to the national debt before using budget reconciliation to restore partisan bill whose purpose isn't to solve urgent problems but to re-envision america's social policies because that is what this bill is, redefining your relationship to the state. >> pressing pause doesn't sound like the worst thing to do. look at your screen because president biden's approval rating after his afghanistan withdrawal will -- will kane joins me. a crisis of confidence. we saw how this unfolded in august. people who voted for the president everybody i spoke to said we were not expecting this.

>> seems to be some element of buyers remorse. in the same polling 60% said they were on the wrong track. president biden is underwater on his approval rating but robin doubt to america at large 60% said i don't like the direction of the country. i suggest this was an intentional direction, we are having a hard time getting americans back to work, there are disincentives like stimulus checks and the reconciliation package being a re-envisioning of the relationship with the state. this is all by design. the track we are on is not an accident or even incompetence. it is by design. jackie: the psychological shift why people don't want to return to work or rethinking things is a result of the pandemic and the stimulus and the spending we've done. we are in a situation where we see inflation, the prices are

going up and the administration says it is transitory. it seems we are in an economic mess right now. >> the beginning of stagflation, don't know what we are on the cusp of, and in this world, don't take my word for it. the most poignant thing i heard was from justin trudeau, we learned the lessons of covid and applying those lessons when it comes to the climate crisis, he said to reconciliation, when it comes to jobs and career choices. the constant driving factor of fear and how that can reshape your relationship to the state will be applied to every walk of life and americans need to ask themselves is this the direction we want to go, this train has left the station. >> next one i want to get to is

you predict vice president harris will come out of hiding to face the fact that she was used for votes. when do you think that will happen? >> when racial politics make their way to the forefront. it is starkly clear and i would be upset about the presidential ticket to check some boxes, she didn't pull well, she didn't do well in the presidential primary but she served a purpose for the biden administration to have a minority, to have a woman, to check boxes they felt were necessary not to gain votes but to check the modern-day requirements. now that she clearly isn't popular, her numbers are worse than president biden's, hers a negative 19 on approval disapproval. now that she is a liability they want to put her in the closet but the minute we turn our national attention back to racial politics being the driver, kamala harris will then reappear for the biden

administration. jackie: she is happy to be in the closet because i don't want to be associated with what is happening right now, i'm thinking of my political future. >> he doesn't want the border crisis or deal with afghanistan because there might be some future or a small window if president biden is removed or leaves office but as for getting elected. >> some people are saying we can't push to impeach or do anything because what we would get would be worse than what we have. thank you. rescue and recovery efforts underway after remnants of ida swept through the northeast. president biden will head to louisiana to survey the damage. live report coming up this hour. general mark millie is not ruling out the possibility of

working side-by-side with the taliban and about islamist extremists. the taliban is no friend of the united states. we have that story coming up next. whoo! yeah! oh, hi i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you you don't have to be circuit design engineer to help push progress forward can i hold the chip? become an agent of innovation with invesco qqq that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you.

pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models. get 5 hundred purchase allowance we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. that building you're trying to buy, you should ten-x it. ten-x is the world's largest online commercial real estate exchange. and it's fast. if i could, i'd ten-x everything. like our lunch. (laughs) amazing! see it. want it. ten-x it. advil dual action fights pain 2 ways. it's the first and only fda approved

combination of advil plus acetaminophen. advil targets pain. acetaminophen blocks it. advil dual action. fast pain relief that lasts 8 hours. ♪ ♪ ♪ ♪ ♪ ♪

monitor, check and lock down you money with security from chase. control feels good. chase. make more of what's yours.

change let's check the futures at this hour looking at the dow indicated higher by 15 points, we are taking a because the market is looking at this dismal number thinking the fed is on pause but that signifies, it is open for the dow.

now for back, microsoft, the usual suspects are trading before the holiday weekends. we are seeing constraints of bitcoin over 50,000. light coin is in the green. deeper threats from isis can afghanistan, 100 americans and the question is what are they doing to get them out at this point? >> nothing. neil: seen jackie: here's jen psaki. >> in close touch from the state department, diplomatic officials with all these individuals working in close coordination to determine how they can leave the country, if they left the country. jackie: she threw cold water on the idea of using private charter flights to evacuate them saying we can't do that

because they are active isis k threats on the ground which is shown interest in aviation targets and concern where these flights would go. roughly 100 americans stuck in afghanistan i don't hear a solution how to do that. jackie: she said these people don't want to come home. chairman of the joint chiefs of staff mark millie said it is possible us will try to coordinate with the taliban on counterterrorism strikes in afghanistan. >> as far as our dealings with them in an airfield for the past year or so, in war you do what you must to reduce force, not what you want to do. >> possibility of coordination against isis k. jackie: congresswoman lisa maclean, should the united states even be having this conversation with terrorist organizations?

>> you said it accurately, look at how far this administration has fallen in the short time, we are now talking about some serving to the taliban, a terrorist organization. we have to rely on a terrorist organization to get our people out of afghanistan. that is the craziest thing i ever heard. jackie: it is shocking, think about how the administration plan this withdrawal and made every mistake possible. now you have roughly hundred people that are left, afghan partners left as well and you have to rely on the goodwill of the taliban and to get them out. i don't see this playing out well. >> it is not going to play out well. we have to deal with the

taliban to get the americans out, i don't think so. i think there's a much better execution plan and this is one where if the government would get out of the way we would be a lot better. this is an example of failed leadership. in times of crisis this is a time for leaders to lead, to show some strength, show some americanism and lead and we've seen anything but this from the american organization, from this administration. president biden doesn't answer questions, turns his back on america, jen psaki refuses to answer questions. if you are in a position of leadership it is your right, your responsibility and your duty to lead and unfortunately that comes with answering questions.

it is not dealing with the taliban and. i will share with the american people the taliban is a terrorist organization, they are not billed better, new and improved, they are a terrorist organization. for the love of all things holy let's not forget that. >> we have our allies looking at us and saying what is going on with the united states. >> america looks week. rich: you are awarding congressional gold medals for us troops that were killed in kabul, 13 troops, with the withdrawal process may not have lost their lives. how many signed on so far? >> 200 members, republicans and democrats have signed on to this bill to honor the soldiers who paid the ultimate

sacrifice. this is where both sides of the aisle agree we need to keep their memory alive. >> have a good weekend. jackie: marty walsh joins us with his reaction to the latest jobs report, the dow indicated sharply lower, down 76 points, the s&p and nasdaq as well. ♪♪ yeah, i mean the thing is, people like geico because it's just easy. bundling for example.

you've got car insurance here. and home insurance here. why not... schuuuuzp.. put them together. save even more. some things are just better together, aren't they? like tea and crumpets. but you wouldn't bundle just anything. like, say... a porcupine in a balloon factory. no. that'd be a mess. i mean for starters, porcupines are famously no good in a team setting. geico. save even more when bundle home and car insurance. it's another day. and anything could happen. geico. it could be the day you welcome 1,200 guests

and all their devices. or it could be the day there's a cyberthreat. get ready for it all with an advanced network and managed services from comcast business. and get cybersecurity solutions that let you see everything on your network. plus an expert team looking ahead 24/7 to help prevent threats. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. some days, you just don't have it. not my uncle, though. he's taking trulicity for his type 2 diabetes and now, he's really on his game. once-weekly trulicity lowers your a1c by helping your body release the insulin it's already making. most people reached an a1c under 7%. plus, trulicity can lower your risk of cardiovascular events. it can also help you lose up to 10 pounds. trulicity is for type 2 diabetes. it isn't for people with type 1 diabetes. it's not approved for use in children. don't take trulicity if you're allergic to it, you or your family have medullary thyroid cancer, or have multiple endocrine neoplasia syndrome type 2.

stop trulicity and call your doctor right away if you have an allergic reaction, a lump or swelling in your neck, severe stomach pain, changes in vision, or diabetic retinopathy. serious side effects may include pancreatitis. taking trulicity with sulfonylurea or insulin raises low blood sugar risk. side effects include nausea, vomiting, and diarrhea, which can lead to dehydration, and may worsen kidney problems. show your world what's truly inside. ask your doctor about one-weekly trulicity.

maria: with get your money and bring in brian belsky, your report this morning, i think to myself you see the unemployment rate is down 5%, you might think everything is okay, less people looking for work. >> the average hourly salary went up as well but the key

thing is this is the intel that they need to be more defensive, this is going to continue but honestly variants of had an issue in the fed will remain defense event that is for stocks. rich: jackie: futures were taking higher. the dow indicated lower by 70. >> everyone is looking for a correction and it is difficult to call a correction and longer-term trends, the stock market is strong given where earnings are and earnings will improve, that being said we advise clients to cross large areas in the growth and value, don't go into the at home trade or cyclical trade.

when we have a correction that is when we will get more aggressive longer-term, all areas we love in 3 or 5 years. for the near-term there is so much noise about when the fed will taper with respect to the variant. we remain high-quality investors. >> the market keeps marching higher on the reopening story the way the administration is touting the delta variant to pour some cold water on things. >> many people thought the new government would be aggressive with respect to taxes, you don't hear about that anymore. mister biden made clear he wants to take on covid and with respect to other agendas and taxes.

>> he was planning an aggressive agenda but so many crises on hand. the dow indicated lower than 108 points. "the opening bell," on wall street in 8 seconds. jobs report this morning continue to be a problem despite the fact the fed did not do anything here the growth in the economy is an issue. look at the big board, there's a little bit of a mix. there's a lot of red on the board. a little bit of green with respect to how investors are looking at things. the s&p trading lower by 7.6 points and a check on the nasdaq, the nasdaq is trading

lower by 18 points. we are showing you big tech, green across the board and now a little bit of a mix with facebook, alphabet and amazon lower here, this as we digest the unemployment report and dig into what it means for the markets and us going into the fall after the long labor day holiday. dan ives says demand for the apple iphone 13 is strong with apple trading higher by 0.3%, one of the leaders in tech. broad, chip and softwaremaker, the ceo is seeing sustaining demand, the chip shortage. >> almost like of course you see booming demand because chips are using everything, we are in this environment where the demand is so great that

companies can sell every chip they make. the ceo of broad, sees demand continuing and upped the guidance for the fourth quarter, he said if you are looking for next year's growth it will come from enterprise. jackie: show us the chinese ride hailing firm didi, they are cracking down on ridesharing companies. >> they are cracking down on every sector. the city of beijing may put didi under state control, it could be something where china has a board seat or stake in the company but the bottom line, china wants the government and government run firms to have power over private companies in the data they hold. jackie: they crackdown because they see the changes and worry about what could happen to their control of their

authority is companies gain too much power. whenever you see the ministry of transportation get involved it signals that. lauren: in the videogame sector and the tech sector, broad overreach and no one is sure where or when it stops. jackie: show me tesla, the roadster being delayed until 2023 but the cyber truck, supply chain problems. >> stock is down 0.one%, they say late 2022, volume production late 2023, most people aren't going to get that weird cybertruck until 2024. another day, another delay. he tried to make the weight seen worth it, tried, we know the cybertruck is cool, love or hate it, a special project,

from -- definitely looks cool. what worries me is pushing this out so far, supply chain shortages will take a long time to recover, it all comes back. >> in this leg time, they put their trucks on the markets. >> look at chinese tech, the companies looking at president xi's vision of common prosperity. lauren: we are sharing that data but i want your help, he want their money for 10 different initiatives, he is scared. if you look at the numbers out of china, the service sector contracted.

not necessarily trusting china because covid is saying we don't want to do business with you. the billionaires in his country who created this, you have to share it. >> china is looking closer with russia and integrated with iran. the electronic signature tech company is up this morning because of strong earnings. >> a pandemic change, weird signature on the iphone. their revenue is up 50% in the quarter, total revenue for subscription revenue, stocks up 2%. micro strategy has a

relation to bitcoin. >> they track them with bitcoin. jackie: army green beret and michael walsh warning about the dangers americans and afghan allies are left behind are now facing. role tape. >> standing for freedom, stand against extremism, and doesn't stay in afghanistan. jackie: he joined me next hour but first, president biden will head to louisiana to tour the damage, a report on that and we will explain how ida's rep could impact you at the gas pump.

to run a growing business, is to be on a journey. and along the ride, you'll find many challenges.

your dell technologies advisor is here to help. so you can stop at nothing for your customers. in 2016, i was working at the amazon warehouse when my brother passed away. and a couple of years later, my mother passed away. after taking care of them, i knew that i really wanted to become a nurse. amazon helped me with training and tuition. today, i'm a medical assistant and i'm studying to become a registered nurse. in filipino: you'll always be in my heart. liberty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you? one! two! three! four! five! 72,807! 72,808... dollars.

yep... everything hurts. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪ (vo) at t-mobile for business, unconventional thinking means we see things differently, so you can focus on what matters most. whether it's ensuring food arrives as fresh as when it departs. being first on the scene, when every second counts. or teaching biology without a lab. we are the leader in 5g. #1 in customer satisfaction. and a partner who includes 5g in every plan, so you get it all. without trade-offs. unconventional thinking. it's better for business.

jackie: 860,000 residents without power in louisiana. president biden will look at the distraction. what is the latest? >> awaiting the arrival of president biden, had a busy day of surveying hurricane damage. sort of a briefing about what happened, a hard town, president biden will go on a tour of grand isle which was leveled by the storm. john bell edwards invited a president to see how folks are

struggling right now. >> speaking with local officials. the state of louisiana has sustained because of hurricane ida. >> the four nursing home patients who died in the 14 who were hospitalized after they were evacuated during hurricane ida. the state is investigating the facility, after nursing home patients are moved to a warehouse, unconfirmed reports that they are attacked together lying on the floor with water coming in. relatives of those patients say they are horrified. >> this was a nightmare.

>> portions of the french quarter have power back, 800,000 people do not have electricity and long gas lines, louisiana has a long way to go. >> gas buddy, significant gas shortages in louisiana on the ground after hurricane ida. how long does it last and doesn't become more pervasive? >> it lasted several weeks. refineries are seeing partial power being restored. the administration offering strategic petroleum reserve, refineries get back on their

feet, relatively short in. it actually helps supplies start flowing, baton rouge looking at outages, but certainly a challenge. jackie: i've seen the refineries and the equipment not running properly and flip a light switch and get them back up and running, it is a double problem. we are looking at the national average of $3.18. people are wondering how much higher we can go, nothing is typical. >> typically prices are barring a major hurricane like we had, hurricane ida, hurricane harvey, i don't think we are

going to go much higher. i don't foresee getting much worse than that. it will usher in lower prices. >> they want to hit the road but worried about the delta variance, not traveling on planes, thank you, good to see you this morning. two big automakers scaling back production. is it because of this chip shortage? >> they are temporarily suspending production at north american facilities. ford also scaling back their

pickup production next week. if you look at ford, their august sales, 30% down 3 months in a row, everyone is citing chip shortages, inexpensive chips, they are in all parts of the door driving up the price of the car. >> the grand fear concept. >> it looks beautiful, don't know if we have shots of the interior but a private jet experience. it can transform into a first-class lounge. you see screens on a clean dashboard and looks like a couch. it is a concept car, this shows where folks when wants to go. you are transported as you have a business meeting. jackie: it looks similar to that but it looks like space

vehicles rather than cars. i don't know if we want to get in one of these or concept cars. jackie: a quick check of the big board. markets are lower, the dow is lower by 120 points as investors mull over the details of the jobs report. i want to check on the 10 year note, one.327%. investors are selling bonds today. it is up 13, a check on bitcoin, this is becoming a hedge against inflation, makes sense investors are piling in and oil prices, $70.11, we were

talking to patrick about gas prices going up. stimulus checks right before gavin newsom's recall election. i wonder what steve hilton thinks of that. he will join us in the 11:00 hour. i'm sure the white house isn't happy about this, president biden's job approval hitting a new low, 51% of voters disapprove of the job he is doing as president, we are 7 months in. i will get tammy bruce's reaction at the top of the 10:00 hour. ♪♪

let's go walter! after you. walter, twelve o' clock. get em boy! [cows mooing] that is incredible. it's the multi-flex tailgate. it can be a step, it can even become a workspace. i meant the cat. what's so great about him? he doesn't have a workspace. the chevy silverado with the available multi-flex tailgate. find new adventures. find new roads. chevrolet.

and there you have it— -woah. wireless on the most reliable the network nationwide.h the available multi-flex tailgate. wow! -big deal! ...we get unlimited for just $30 bucks. sweet, but mine has 5g included. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. switch to xfinity mobile and save hundreds on your wireless bill. plus, save up to $400 when you purchase a new samsung phone or upgrade your existing phone. learn more at your local xfinity store today. (announcer) back pain hurts. you can spend thousands and still not get relief. now there's aerotrainer by golo. you can stretch and strengthen your core,

relieve back pain, and tone your entire body. (man) and you're stretching your lower back on there. there is no better feeling. (announcer) do planks for maximum core and total body conditioning. (woman) aerotrainer makes me want to work out. look at me. it works, 100%. (announcer) find out more at aerotrainer.com. that's aerotrainer.com. it's time for the biggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night. it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven quality night's sleep we've ever made. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 36 months and free premium delivery. ends labor day.

jackie: let's check the market, the dow down 130 points after the report from the labor department, that was a big miss. i'm wondering if the numbers surprise you. august is typically lower than that, we are picking up steam as we head into the fall.

extended benefits it to expire, you want to see more of an optimistic picture here. >> you look at the adp number two bad mrs. we forgot the first, i tell you what, you can't have two big misses, it hasn't come home to roost. we have benefits keeping people from jobs and 10 million jobs, something's not adding up. the gdp read the last one, it was expected to be 6 and a half. we are missing these big numbers. the unemployment rate. >> explain that.

>> it is the number of people dropping out. it is a horrible miss worse than the adp numbers. we don't have this great economy coming in fits and starts, we have supply lines things that are screwing things up, other people dealing with covid and everybody else gets going and it is above 130. in france and germany they have a negative 10 year still so the world is still hurting. american exceptionalism hasn't kicked back in yet. we are looking at a worsening

domestic policy, at the same time interest rates rising. >> if you see the headline number that the unemployment rate dropped, that does not mean everything is okay. less people looking at the record and that is why the number ticked down but the spending is important. senator so mansion a deciding factor where democrats can pass the tree treatment -- $3 trillion spending plan telling his party hit the pause button. he's making a wide move. put us in a lot of trouble. >> i can't stress enough how bad these bills are and what the spending will be and what it will do to our grandchildren and here is the thing. sorry about the common sense but the administration is telling us how great things are, a 5.2 unemployment rate but if everything is so great what do we need the spending

bills for, sorry to ask the question. you can't tell me how great things are on one hand and jam through the spending bills on the other. >> there is fear mongering regarding delta, people are afraid to go back to work even if they are vaccinated. there has to be a point we learn to live with this virus and move on. thank you. still ahead on the show tammy bruce, lara trump, michael walsh, and steve hilton, the second our of varney is coming up next. welcome to allstate. where our new auto rates are so low, ♪ you'll jump for joy. ♪ here, better protection costs a whole lot less.

you're in good hands with allstate. click or call for a lower auto rate today. you're in good hands with allstate. ♪♪ (vo) the rule in business used to be, "location, location, location." now it's, "network, network, network." so you need a network that's built right. verizon business unlimited starts with america's most reliable network. then we add the speed of verizon 5g. we provide security that's made for business and offer plans as low as $30 per line. more businesses choose verizon than any other network. we are open and ready for you. that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...?

don't just sell it. ten-x it. i looked on ancestry and just started digging and found some really cool stuff... it was just a lot of fun. just to talk to my parents about it and to send it to my grandparents and be like, hey this person we're all related to look at this crazy stuff they did in arizona 100 years ago. it actually gives you a picture of their life, so you get to feel like you're walking the same path they did. ♪ ♪

hearing is important to living life to the fullest. that's why inside every miracle-ear store, you'll find a better life. it all starts with the most innovative technology. like the new miracle-earmini, available exclusively at miracle-ear. so small that no one will see it, but you'll notice the difference. and now, miracle-ear is offering a thirty-day risk-free trial. you can experience better hearing with no obligation.

call 1-800-miracle right now and experience a better life. our retirement plan with voya, keeps us moving forward. you can experience better hearing with no obligation. hey, kevin! hey, guys! they have customized solutions to help our family's special needs... giving us confidence in our future... ...and in kevin's. voya. well planned. well invested. well protected. ♪♪ jackie: good if morning, everyone. i'm jackie deangelis in for stuart very nebraska. 10:00 eastern time -- stuart varney. while the markets are lower, a little bit mixed right now. the dow is down 139 points after that huge miss in the august jobs report. take a look at the 10-year treasury yield, because as investors are selling stocks, they are also selling bonds, and that is up to 1.3.

big tech improving a little bit, right now it's only amazon ta's trading slower by three-tenths of a percent. the cryptos are moving higher, sort of a renewed inflation trade, if you will. bitcoin just under 51,000, ethereum is doing well also. we just got the latest read on the service services sector. lauren, ism non-manufacturing, what's going on with that number? >> it's for august, and it was stronger than expected at 61.7. this is interesting because, as you noted, the services sector of the economy, and we saw in the august jobs report there were no jobs created in retail and hospitality, and the retail sector is struggling. these are all service jobs. this number stronger than expected, it did comp down harply from the all-time high in -- sharply from the all-time high in july. actually, the dow went down about 30 additional points after this number was released. jackie: so interesting to see the dynamics in the labor

market. thank you for that, lauren. now this, 235,000 jobs added in august, and we've been talking about it all morning, sharply missing the estimates. labor secretary marty walsh joins me now. we have got 10 million job openings, secretary -- good to see you this morninghi, jackie, how are you? jackie: a lot of folks on wall street are wondering why this number came in so low. >> i mean, there's probably lots of reasons for it. i think number one, you just mentioned the hospitality number. for the last three months, those numbers have been leading the way in significant ways. this month we really had no growth at all. i think we can tie some of it to the delta variant in some places as far as people not going out to eat as much and not working in those industries as much. but certainly, there's positive signs here. we are adding jobs. we have more work to do. the forecast was off in a big way, but also the forecast was off in a big way last month as well the other way. but, you know, over the last three months we're averaging

still 750,000 jobs, and since president biden has taken office, 4.5 million jobs have been added to the economy. our unemployment did drop to 5.3 % in this -- 5.2% in this report as well. jackie: you're right, we saw a very strong jobs report the last time you and i spoke. the bottom line is here is that the economy is slowing. you mentioned that that unemployment rate dipped to 5.2%. the headline looks good there, but a lot of folks don't actually understand the calculation. it just means less people are looking for work. that's not a positive sign heading into the fall, and we wanted to see this reopening gain some steam. >> we're also seeing unemployment claims down, so that's a sign right there. and we are seeing growth. there's no question about it. i would not calculate this as, or describe this as the economy is slowing down, i would describe it that we continue to be consistently moving forward. a year ago last february, 18

months ago, 19 months ago, we were hit with a global pandemic in the united states of america. there's no play bbook, nothing to look back at history to' how to come out of this. we've just got toment continue the make sure people are safe, follow the cdc guidelines, take care of themselves, get vaccinated. but also, you know, the more people that get vaccinated, i think it's important to understand here if we don't bring back our companies and strengthen our companies, they can't hire people. so we need to make sure we provide them with supports as well so wement continue to open our economy. -- we continue to open our economy. jackie: i hear you, but i just want to ask you how you characterize the economy as moving forward when you look at wage growth, up six-tenths of a percent, and you see core inflation, cpi inflation, 5.4%. the wages are not moving in pace with the inflation which you're probably going to say is transstory, but a lot of people don't believe that. >> well, it is, number one, and it's good to see wage growth. i guess when i say the economy's moving forward, from january

21st of this year to today, our unemployment claims are the lowest, we're moving forward in our country, and i think we still have a ways to go though. i don't want to paint a positive, rosy picture here. we still, obviously, have a ways to go. i'd love to be sitting here today saying we added millions and millions of jobs, but that that will come as we continue the move forward as long as we continue to take care of each other, offer the supports we need to continue to reopen our chi. jackie: last time we spoke, sir, we talked about the boosted unemployment benefits. you essentially told me the that wasn't keeping people from participating in looking for jobs. your thoughts as we shift, we move past labor day, are we going to see an uptick when those permanently expire in. >> well, when we talked last month, we only had, i think, about a week or so of data to look at the information, and we saw no increase in labor

participation in those states that ended unemployment benefits. but i think what's happening right now, what's going to happen right now, last week, next week and this week school starts, we're going to have an opportunity to get more people back into the job market as long as we we keep this delta variant urn control. hopefully, we're going to see more participation in the market. there are companies looking to hire people, so we just need to partner people up. we also have our own american jobs centers in the federal government, and we've been pushing for the last week or so using those american jobs centers as a place for americans to go to get connected with jobs. if you don't know what to do, where do i find a job, i want to change careers, go to an american jobs center in your neighborhood. we're ready to go, ready to help you, ready to connect you to jobs. jackie: final question, if i may, the labor participation rate, 61.7%, what i'm hearing -- this was stagnant month on month here, but going into september when we're looking at that

number, are we going to see an improvement in. >> the answer's hopeful, i mean, hopefully. i don't put much credence in the projections because the last several months have been missed. i'm not criticizing anyone, i just want to make sure we're doing everything we can to lay down a foundation here in the united states of america to get as many americans back to work. businesses need them, that's what we need here. jackie: well, the participation doesn't increase, that actually is a very bleak forecast, sir. >> well, let's see what happens. hopefully next month we're having a whole different conversation. jackie: i hope so. good to see you. labor secretary, marty walsh, we really appreciate this. >> happy labor day. jackie: now this, president biden's approval ratings drop 6 points from last month. i want to bring in tammy bruce. tammy, americans starting to lose trust in this president x they're starting to look at this whole situation as a crisis of confidence. >> well, it is. and, you know, just with your

conversation with the secretary there not only was the jobs report missed, but that 6 points down for biden is the 6 points up when it comes to black unemployment. so it went from, like, 8.2% to 8.8%. when we dig into the details of what's happening in this country, it is quite bleak. and the spinning does not help. americans see this happening every day, and that's part of why joe biden's numbers are also going down, is that there was this belief in what they were being told about him being empathic, they're going to have america back, about the economy's going to be great, your life is going the change, he's going to, you know, get rid of covid, and look at where we are. people are realizing that they were misled, and that's, i think, a diplomatic word to all of this, and they don't like that. americans really want -- we understand, we know what's possible. we know what we're facing, we know what we're fighting. we also saw results with, as an example, donald trump. so it was close enough for

americans to realize that the american president can have an impact. that one person matters, and right now we're dealing with a man and his team who have misled the american public, and the dangerous thing is they continue to do so on every issue. and so where i think americans are understandably upset. jackie: and it's a problem for him because of the botched withdrawal from afghanistan. for just a moment, we continue do to see, tammy, how that unfolds. the situation could with get worse, there's still americans on the ground there and the taliban is in complete control. they were looking at the covid crisis, the management, the economy reopening, that was the one place they were winning a little bit, and now you get a jobs report like this, and you have to question that as well. >> well, you do, but we're thinking they're in a bubble here because other things happen in the world. things happen in life. all the huge spending bill, $3.54 trillion, whatever it's going to end up becoming if it

as passes -- which i hope it doesn't -- doesn't take into account that unique things happen in life. look at the hurricane. americans have to plan for the future and have a savings in the event that there's an emergency. you can't behave in this manner when you're just dealing with wish fantasies and you're going from how're to hour to -- hour to hour to win a news cycle. the problem is joe biden's lies, and he misrepresents everything, cost people their lives. we saw that in afghanistan. now, of course, with our enemies emboldened, we already are have news, of course, of an islamist terrorist attacking people in new zealand whether it's -- jackie: [inaudible] >> exactly. and terrorism expands, and there's more -- you know, talking about, what, a military reduction, reduction in our military budget. things like that are crazy. jackie: yeah. >> and so this is what americans are worried about. does the president have a grip on what's happening in reality, and does his team care about the impact on our lives.

jackie: and they should be concerned as we're going into that 20th anniversary of 9/11. you left afghanistan in shambles with the taliban in control, isis-k now emerging and, essentially, all of our enemies are colluding together. so much to talk about, so much to take in. tammy bruce, great to see you this morning. thank you. >> thank you, ma'am. jackie: come on in, lauren, you have some movers we're looking at. starting with joanne's -- >> yeah, the fabric store. 30% in the quarter as customers cut back on do it yourself. they were downgraded to market perform, so that stock is down 14%. fubo-tv, the sports streaming company, they're now offering mobile betting in arizona, the second state where they've gotten a license in addition to iowa just recently. the stock is up almost 4%. they also say they're on on track to launch their sportsbook at the end of the year it's growth for investors particularly because with you're pairing a streaming service

where you're watching the game with the device in your hand where you can bet on what you're watching. yeah. and this also, elon musk saying he prefers to stay out of politics after texas governor greg abbott cited his support. what happened here? >> it's an understandable move. i think it makes sense but not for elon musk because he typically says what he wants. the texas governor said he speaks with elon all the time, and elon says he doesn't regret his decision to leave california for texas because of the social policies in california. but then we have musk distancing himself, and he tweeted -- do we have the tweet? i believe government should rarely impose its will upon the people and, when doing so, should aspire to maximize their cumulative the happiness. that said, i would prefer to stay out of politics because staying out of politics usually means good business sense for your company, but it's not characteristic of elon musk. jackie: right. lauren, thank you so much for that. coming up, whats' going on with mcdonald's ice cream machines,

that's what the fed wants to know. they always seem to be busted. new polling out of california showing that gavin newsom is likely to survive a recall, and it might not even be close. i'm going to ask the man running for my in's job -- newsom's job, larry elder, about his chance. but first, congressman michael waltz says that the americans we left behind in afghanistan are now taliban hostages. so what's his plan to get them home in we're going to ask the congressman next. ♪ ♪

that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models.

advil dual action fights pain 2 ways. it's the first and only fda approved get 5 hundred purchase allowance combination of advil plus acetaminophen. advil targets pain. acetaminophen blocks it. advil dual action. fast pain relief that lasts 8 hours.

♪ jackie: let's take a check on

the markets, mixed picture here. the dow is down 58, the s&p lowerrer by 2. the nasdaq up 28 points after this morning's jobs report. now this: roughly a hundred americans still stranded in afghanistan as reports are swirling that the taliban are hunting down those who aided the united states over the years. peter doocy is at the white house. peter, even the white house says they are not good people. why are we working with them? >> reporter: was, jackie -- because, jackie, the taliban are the only game in town in kabul because of the way the u.s. pulled out even though, as you mentioned, u.s. officials say the taliban are not good people. >> no one, the president, secretary of defense, no one from the intelligence community says the taliban are good actors, right? we are not saying that. that is one of the reasons we are being so clear that we are not rushing to recognition. we will be watching clearly. we have a range of leverage at our disposal including access to the global marketplace.

>> reporter: at walter reed late last night, the president and first lady visited troops injured in kabul as a new washington post poll finds the majority of americans, 53 percent, believe the president bears either a great deal or a good amount of blame for that attack. it has now been three days since the president talked about the americans he was going to get out of kabul but didn't. he has spoken about helping other americans affected by ida. listen here. >> my message to the people on the gulf coast, who i'm going to visit tomorrow, we are here for you. and we're making sure the response and recovery is equitable so that those hit hardest get the resources they need and are not left are behind. >> reporter: not left behind. that is a similar promise to the one the president made to americans in kabul who are still in kabul. he is set to address the economy any minute, but he is running right now about 20 minutes late. so we wait.

jackie? jackie: peter doocy, thank you. you know, you saw that image of the last soldier leafing in night -- leaving in night vision, and you think to yourself, my god, the troops are out, but we still have americans on the ground. thank you for that report. now come in congressman michael waltz from florida. congressman, does it look like this is going to turn into a hostage situation? you've got americans on the ground right now with a hostile taliban. >> yeah, that's absolutely right. and, by the way, i think that number of just a hundred is bogus and it's low. it's not counting the number of green cardholders, legal permanent residents, children and families of these americans that are not going to leave be. mind. so i don't know how the -- behind. so i don't know how the white house is playing footsie with that number, but that is not what we are tracking. many i a office and other -- my office and other congressional offices are in regular contact with these grassroots groups that have sprung up, and they are strapped right now at --

trapped right now at various airports and border crossings around the country. but the state department won't request the clearances for where these planes need to land, where these privately-funded charter planes need to land. so they're stuck because of bureaucracy, and we've engaged at the highest levels of congress, and we're not seeing movement. it's unbelievable. jackie: bureaucracy, i agree with you on that point, but i also think it's a matter of optics, right in all of a sudden we left these people behind and we've got private contractors swooping in and bringing them out, if it is possible, if the taliban will allow it, it makes the administration look far worse than it looks right now. so far what they're hoping, essentially are, is those who were left on the ground slowly can trickle out, right, without the taliban doing anything because the taliban's worried about its image. but that's only going to last so long. >> yeah, that's only going to last so long. states and the administration should be working with these

groups. this could be a public-private partnership where, you know, they have capabilities to get things done very agilely and simply on the ground. but instead, we're working at odds with each other k and that -- it just shouldn't be the case. at the end of the day, i think the administration's policy is to rely on the taliban to get kabul international back functional and rely on the qataris. but, look, the bombing at kabul airport shows we cannot rely on terrorists to screen for other terrorists, and we should not rely on terrorists to keep americans safe. and this notion that we have kind of moderate and good terrorists that we can work with -- jackie: right. >> -- is a bunch of garbage. everybody who served there knows that is a slippery slope to disaster. jackie: it's laughable. and i always say this, congressman, when it comes to the taliban and isis-k, supposedly they're not supposed to be on the same page, but you'll see how groups unite when it comes to taking action against the united states, and that's essentially what we saw

in that suicide bombing. congressman waltz, great to see you. thank you. >> okay, thank you. jackie: the gop called out speaker pelosi after millions of dollars in the budget resolution earmarked for a park in her district. come in, lauren, with this. >> you can'ting make this stuff up. jackie: no. [laughter] >> 200 million for presidio international mark in her wealthy district can. nancy pelosi loves going to that park, so it gets 200 mil, and everyone else gets 3.5 trillion. it's just millions and billions and trillions at this point. that's where some of it's going. jackie: let's stick with the california theme. a new poll showing, with respect to the recall, showing governor gavin newsom is likely to keep his position. actually, stuart was saying this, i think he will hold on to it. look, they poured a lot of money into this, lauren. >> they did x. this is a poll from the public policy institute of california. it finds he has 53% support from

voters to stay in office. 39% say, yep, get out. but, look, we still have two weeks before voting closes on september 14th. one of the five opponents he's facing is the republican conservative talk show host larry elder who actually has 26port. candidate elder will join your show, 11:00 eastern time. jackie: we're going to see what he has to say for himself as the election draws near. when you look back at how newsom handled the coronavirus catastrophe in that state, how it's possible that he holds on, i want to hear what larry has to say. thank you for that, lauren. coming up, you know, the jury is set right now for the criminal trail of disgraced theranos founder elizabeth holmes. we're going to tell you what we know about the men and women set to decide her fate. plus, the one-time bond king himself now says that bonds belong in the garbage. i'm going to ask my next guest about that after this. ♪ ♪

we finally found the perfect house. yeah, we couldn't believe the deal we got. just lucky i guess. (sfx: airplane flying overhead) we're a little closer to the airport than we thought... (sfx: airplane grounded outside the house) at least geico makes bundling our home and car insurance easy. saving us so much money. -hi. -how was your flight? -good. -good. morning, ted. for bundling made easy, go to geico.com. we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality

in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network. when you're looking for answers, it's good to have help. because the right information, at the right time, may make all the

difference. at humana, we know that's especially true when you're looking for a medicare supplement insurance plan. that's why we're offering seven things every medicare supplement should have. it's yours free just for calling the number on your screen. and when you call, a knowledgeable licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free and there's no obligation. you see, medicare covers only about 80 percent of your part b medical expenses, the rest is up to you. that's why so many people purchase medicare supplement insurance plans, like those offered by humana. they're designed to help you save money and pay some of the costs medicare doesn't. depending on the medicare supplement plan you select, you could have no deductibles or co-payments for doctor visits, hospital stays, emergency care and more. you can keep the doctors you have now, ones you know and trust, with no referrals needed. plus you can get medical care anywhere in the country, even when you're travelling. with humana, you get

a competitive monthly premium and personalized service from a healthcare partner working to make healthcare simpler and easier for you. you can choose from a wide range of standardized plans. each one is designed to work seamlessly with medicare and help save you money. so how do you find the plan that's right for you, one that fits your needs and your budget? call humana now at the number on your screen for this free guide. it's just one of the ways that humana is making healthcare simpler. and when you call, a knowledgeable licensed agent-producer can answer any questions you have and help you choose the plan that's right for you. the call is free and there's no obligation. you know medicare won't cover all your medical costs, so call now and see why a medicare supplement plan from a company like humana, just might be the answer. ♪ jackie: welcome back, everybody. let's do a quick check on the

markets at this hour. mixed picture continues. the dow is down 59 points and the s&p down 5, but you've got a little pocket in technology in the nasdaq, up 16 points right now. let's bring in bob doll. bob, the markets do keep going higher even despite the dismal jobs report we got this morning. you'd think most investors are looking at the fed and saying they can't do anything, not for a while. >> yeah, i think the fed will still talk about, they hinted both at jackson hole and their meeting before the taper's coming. exactly when, they may hedge on that a bit. but, you know, the fed has employment to worry about but also the price level. and what bothedderred me in this -- bothered me was the noticeable uptick in wage growth. so we've got some inflation to fight as well, and they've got to consider that. jackie: yeah. they got a little wage growth, but they're not keeping up with inflation. that's another problem on their hands, it's a lot to wade

through. we had the labor secretary on earlier and, honestly, i asked him about the projections or how he feels about going into the fall, and he was not very optimistic, so that's one problem we've got facing us right now. the bond king, bill gross, saying that treasuries belong in the garbage can. u.s. treasuries. do you agree with that? >> yeah, our prediction coming into the year is the order of finish would be stocks first, cash second, bonds third, and that is where we are year to date. jackie: wow. >> i think we will be for the balance of the year and for the year as a whole. interest rates are likely to move up slowly but surely, and that means bond prices go down. so bonds are, should be underweighted and careful of your maturity and duration in your portfolios. jackie: bob, it's tough to say cash would come second under stocks, i know you don't want to pour all your money into a stock market that is this heavily weighted, but at the same time, what we're earning in the bank,

it's hard to sit in cash right now. >> exactly right which is among the reasons why stocks are doing so well. the so-called teen argument, there is no alternative. cash near zero return, bonds zero, if you're lucky, return. where am i going to put my money in i guess i'll stay in the stock market. jackie: bitcoin cooled off a little bit when everyone kept saying the inflation was transitory, it's not going to be a problem. well, you know what? it is going to be a problem, that's what the market is saying. >> yes, exactly. the bond market has not gotten that call yet. the yield is saying inflation is temporary. i side with you, core inflation is moving up. just look at wage growth. jackie: yeah, exactly arement we also look at the stock market, tough to call the timing on a correction, but at some point, you know, some selling is going to start is. it doesn't have to be massive, crash, panic selling, but at some point a is due.

investors sort of have to brace themselves for that, right? >> absolutely. 10% corrections happen on average about once a year, and we haven't had one since the big one in march of last year. so it could happen anytime. after after the fact we say this is what causeed it, but they're pretty random, and it could happen anytime. jackie: real quick, another anemic jobs report next month, is that going to be the trigger? >> could be. you see lots of consumer numbers weakening a bit in terms of growth, and that has people concerned. a lot of that is covid-related. you tell me where the delta variant's going, and we can have a better conversation about the economy. jackie: it's all about how we handle the or pandemic. get vaccinated, put your mask back on. enough of this already. enough is enough. and that is not what this administration seems to be doing, so that's going to to be

really the crux issue. bob, thank you so much is. great to see you. >> all the best. jackie: all right. now this, reddit eyeing a 2022 ipo. lauren, valuation here? >> $15 billion, but that's a big deal because it is up sharply from the $10 billion that it was valued at at a private funding round just last month. so up 50% in, really, a few days. finish traders who trade the meme stocks, it has 52 million daily active users. it's probably much higher than that at this point and huge bear, like snoop dogg, peter thiel, they make most of their money through advertising. jackie: yeah. sort of part of this democratization of the stock market, that was a forum where everybody came together and they were having all these conversations where they moved stocks -- >> and now they're going to the stock market. jackie: right. alibaba is going to invest over $15 billion over the next few

years into president xi's vision of prosperity. lauren. >> so their rushing -- they're rushing to support social equality, so they're going to funnel money to ten different areas. these things sound good, digitalizing rural areas, supporting smaller businesses, supporting the gig economy workers who aren't always sure when they're going to get their next paycheck. but alibaba and others, ten crent, they want to stay on the right side of president xi right now because of this big tech and corporate crackdown that they're saying, sure, we'll help you, here's the money. but if you think, okay, is this on top of higher taxes and other stringent protocols, what does it mean for foreign investors, for shareholders? many. jackie: oh, absolutely. >> you know, it seems like china just keeps whipping their companies over and over again. help us, pay us, don't do this, you can't do that. it sends a red flag and warning sign to investors to stay away. jackie: when i was talking to stu yesterday, he said i would not touch these chinese

companies because of those reasons. >> but a lot of investors say, well, they're good companies, and the stock prices have gotten so low -- jackie: yeah, but bad government can take a good company and run it into the ground. coming up, mcdonald's ice cream machines always seem to be bustled, and now the feds are investigating. -- bustedded. but first, millions of americans are ditching the skies this weekend, they are hitting the road. we've got a labor day travel report for you coming up. ♪ ♪

♪ ♪ ♪ ♪ ♪ that building you're trying to sell, - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you can close with more certainty. and twice as fast. if i could, i'd ten-x everything. like a coffee run... or fedora shopping. talk to your broker. ten-x does the same thing, - but with buildings. - so no more waiting. sfx: ding! see how easy...? don't just sell it. ten-x it.

♪ cool ♪ ♪ breeze from the air ♪ ♪ wind ♪ ♪ blows through my hair ♪ ♪ don't care ♪ ♪ if people see my dancing in my car ♪ ♪ and if it shines or rains oh ♪ ♪ i can't complain ♪ ♪ it's still a beautiful day ♪ ♪ because i ♪ ♪ got love got love ♪ ♪ got love got love ♪ ♪ it's a beautiful day ♪

♪ jackie: all right. you're looking at a live shot of chicago. it's currently 72 degrees there

which is perfect weather, but it looks a little gray and cloudy. it's much nicer here in new york city. now this, alaska airlines stopping just short of a company-wide vaccine mandate, but instead offering incentives for employees to get their vaccine card. what are they offering? >> is so the incentive is a $200 payment if you show that you are vaccinated, so that's the reward. the punishment would go to the unadvantage su city nateed in the sense -- not that they have to pay higher premiums, but they'd have to use their sick time if they're infected or exposed by covid. so they're not getting free days. jackie: okay, sounds fair. lauren, thank you for that. now this, millions of americans are set to travel ahead of labor day weekend, but as delta variant surges, more people are hitting the road. that makes sense. lydia hu is at a service station in new jersey. lydia, how many more people are choosing to pack up the car or winnebago for vacations these days? >> reporter: hi there, jackie.

estimates say around 20% of people who had a planned to fly to their destination this labor day weekend are canceling their airline ticket, opting instead to drive. that's according to a cars.com survey. they say that people who responded to the survey is tell us they feel safer in their car as we deem the delta variant -- see the delta variant continue to circulate and the cdc is recommending unvaccinated stay home and not travel this weekend. in fact, people who are traveling this weekend, 9 out of 10 will drive, and we also see airline travel slumping. this past tuesday 1.3 million people passed through a tsa checkpoint. that is the lowest number counted since mid may. but driving will come at a higher cost as gas prices are spiking. the national average right now stands at $3.18. jackie, that is the highest labor day weekend price that we've seen at the pump since

2014 according to a a aa a. but with you can -- aaa at this station in new jersey behind me, $330. experts say in the coming weeks we can expect to see prices tick up even a little bit higher as we are seeing the lingering effects of ida. that increase between 5 cents and gallon and 15 cents a gallon before it comes back down. but in the short term, expect to see more drivers on the highway and paying a little bit more for their gas this holiday weekend. jackie: yeah. new jersey used to be the place you could get relief at the pump with respect to the tristate area, but now those prices are have have gone up. $3.18 for the national average, and it is forecast to go higher, so buckle up, everybody. lydia hu, thank you so much. we also have the list of the most-shopped grocery items ahead of labor day weekend, those big barbecues. lauren? >> okay. so firewood itself up 65%.

jackie: we just got a new fire pit, and we are going to do a fire this weekend. >> do you have the adirondack chairs? jackie: we do. >> they're extremely expensive right now because they're either wood or pvc -- jackie: we got the $25 plastic ones. >> oh. the ones i was looking at were $400. jackie: no, no, if they break, they break. >> what are you putting on the barbecue? baby back ribs? jackie: oh, i don't cook. >> lobster tails and yellow corn, white corn has gone up in price too but yellow corn, obviously, more expensive. this story's just making me jealous, i don't have plans. jackie: everything at home costs a lot more now when you want these items. >> honestly, when i go food shopping, you need something, so i don't check the price. you need better, you get butter, but now i do. especially in the meat aisle. jackie: i also find anecdotal hi

speak amongst my friends, people don't waste their food. this they would normally let the waiter take their food away, they're taking it home now. >> and you feel bad and you want to give a bigger tip to the staff because of everything a they've gone to, so that just adds to the high cost. jackie: we're being taxed left and right. all of these things are taxes on consumers. lauren, the fed is reportedly looking into why the ice cream machines at mcdonald's are always broken. it's some sort of weird phenomenon. what are they saying? >> there's an online tool that you can check which mcdonald's where the machines actually work. [laughter] jackie: i'm sure there's an app for that. >> there is. the "wall street journal" is reporting that the ftc has contacted some the mcdonald's franchise own ores to say is, hey, we hear that the machines aren't working, why not? and the franchise owners are saying they're so technical, and we have to clean them every night, and it takes forever.

[laughter] mcdonald's usa, their headquarters, say we're not aware of any ftc investigation. jackie: all right. well, they are always broken, i do find that is an interesting phenomena. mcdonald's is trading lower by about a quarter of a percent, but we're seeing some winners on the dow here, apple, chevron, sales forest, visa -- salesforce, visa, a mixed bag. there's no rhyme or reason with what's happening in the market right now. >> there's a strange undertone to the market as we look to the three-day weekend, as we look at the jobs report. you know, my -- we've been talking about the jobs report the entire show, for good reason, what it means for the fed and their interest rate decision on the 22nd of the month. but it's almost like the delta variant has pushed back everything. so it's the september numbers, the september jobs report that might clear everything up or not. so the market's a little bit confused right now. we do have a big winner, and that's docusign. let's pull shares up on the screen because this was a

pandemic winner and likely continue to be in the future because it's so much easier to sign things electronically. the e-signature company grew revenue 50% in the quarter. jackie: i was using it long before the pandemic started, it was so easy -- >> really? see, i'm that old person that needs pen and paper, it's so much easier. i don't need a password or download anything -- [laughter] but i could have used docusign. if i can do it, that that peeks volumes. jackie: it became great during the pandemic if you were looking for an apartment, the realtors all wanted the forms signed before you would come to the showing. lauren, thank you for that. looking for a change of scenery out there? one state's going to pay you $7500 to move and work there. we're going to tell you what state that is ahead. but first, the crackdown on video games in china, how will it affect the industry? my next guest breaks it down for us after this.

♪ having a good time, i don't want to stop at all ♪♪ ard, i see one element securing portfolios, time after time. gold. your strategic advantage. that's a nice truck. yeah, it's the chevy silverado. check out this multi-flex tailgate. multi-flex, huh? wow. it becomes a step. mom, dad's flexing again. that's not all. you can extend the bed for longer stuff. is he still... still flexing. that's right! and, it becomes a workspace... you can put your laptop here. i'm sending an imaginay email. hey dad, dinner! hey! look who stopped by daddy's office. wait, you work here? the chevy silverado with the available multi-flex tailgate. find new flexibility. find new roads. chevrolet. to run a growing business, is to be on a journey. and along the ride, you'll find many challenges.

your dell technologies advisor is here to help. so you can stop at nothing for your customers. it's time for the biggest sale of the year, on the new sleep number 360 smart bed. it helps keep you effortlessly comfortable by sensing your your dell technologies advisor is here to help. movements and automatically responding to both of you. and, it's temperature balancing to help you stay comfortable all night.

it even tracks your circadian rhythm, so you know when you're at your best. in other words, it's the most energy-building, wellness-boosting, parent-powering, proven quality night's sleep we've ever made. save 50% on the new sleep number 360 limited edition smart bed. plus, 0% interest for 36 months and free premium delivery. ends labor day.

♪ jackie: president biden delivering remarks on the august jobs report from the white house right now.

here are some of the headlines. he says there is more evidence of the progress of our economy. he said that economic recovery is durable and strong. the bind economic plan is -- biden economic plan is working. he blamed the delta variant for the low jobs number but went on to say that wages are up. we're going to monoodor for more headlines from the president. if he takes some questions, which he typically does not do, we will go back to him. we'll see what happens here. check on the markets right now as biden is speaking, and you'll see that the dow is down by 83, a little bit of a steeper decline as he's talking because some of the stuff he's saying doesn't actually jibe with what came out in the report. technology has lost some of its gains, and the s&p 500 is down 8. it sort of reminds me of when president obama would speak live, and the markets would always take a turn for the worse. we may see that correlation here. are okay, now this: china sets new rules for young kids, limiting play to three hours a

week and only on fridays, saturdays and sundays. a gamer, world news entertainment host, joins me now. tian, what does it mean for the video game makers if the little consumers in china are going to be playing less? [laughter] >> happy to be here, jackie. so these new regulations that came out were issued by the mppa, and it's actually not the first time that these play duration controls were implemented. this happened earlier in 2019, but this significant tightening does not bode particularly well for the video game sector. when this happened the, the stock of ten crept plunged about 10% on the news, and the united states and japan also felt the impact. the interesting thing is that the near-term impact may not be too huge. tencent has said minors only contribute about 2.6% to the gross receipts. that's $750 million if still, but i guess it's chump change for them. jackie: yeah. >> i think the biggest impact is actually going to come from

e-sports because china is the biggest e-sports market in the world, and if you're not letting little kids play video games, they're not going to develop into high-level professional athletes. so those athletes tend to peak in their mid teens to early 20s. and over the long term though, it can be problematic especially if these new regulations are applied for a long time because if kids aren't playing games for any appreciable length of time, they're not going to develop that kind of habit formation, so it makes video games less appealing as a lifelong hobby and doesn't allow for the formation of video game culture because there's not as much online social interactions. jackie: this is really interesting, sort of the domino effect of it, it's really remarkable. i lived in china, in beijing, in the '90s. and i lived with a host family, and i firsthand saw with the family i lived with rig gone and the if intensity -- rigor, the discipline that comes in a

communist country especially to child rearing. there were no video games really, they weren't that popular at the time, but you see the kids today here in america, they're stuck on their screens. a parent will give a child a screen to shut them up instead of parenting, and you see the reverse happening in china, and you wonder why so many people say china's going to eat our lunch. >> yeah, i think that's definitely the case, you know, especially with video games. they're been sort of problematic in china, and in some ways it's actually due to overregulation. so this was before your time when you were in china, but from around 2000-2014, china banned the sale of video game consoles. this allowed the proliferation of mobile games and, specifically, free to play games. in china 95% of the games are free to play which means they make their money through microtransactions. and this is what kind of prompted this new wave of legislation, basically a lot of

parents were complaining that their kids were not doing well in school, they had physical and mental health issues also, you know, kind of social problems that has allowed the chinese communist party to crack down. i think it also provides a convenient opening for them because if you've seen recently, can china's also cracking down on social media, banning girly men, you know, from tv screens and so on and so forth, but it shows they're really willing to get into the anytimety gritty of people's lives -- nitty-gritty. jackie: yes, they are. thank you so much, have a wonderful weekend. >> all right. thank you, jackie. jackie: all right. we have another big hour coming up. we've got larry elder, lara trump, steve hilton and much more. plus, california issuing more stimulus checks while residents vote in the recall election. i'm wondering if that's a coincidence. is gavin new. >> buying -- is gavin newsom buying votes? i'll ask steve hilton after

this. muck raspberry beret and if it was warm, she wouldn't wear much more ♪♪ ..

liberty mutual customizes car insurance so you only pay for what you need. how much money can liberty mutual save you? one! two! three! four! five! 72,807! 72,808... dollars. yep... everything hurts. only pay for what you need. ♪ liberty. liberty. liberty. liberty. ♪

change this month we had no growth at all. we can tie some to the delta

variant but there are positive signs. >> we are missing big numbers. the headline will be the unemployment number and that will be the headline and it is a horrible miss. everyone is looking for a correction. when we have the correction you get more aggressive. why people are choosing not to work, i have a hard time believing it is still the delta variant. i can't imagine why people are sitting at home and not wanting to work. ♪♪ connell: 0 team it is 11 am on september 3rd, let's get to the markets mostly down across the board following the disappointing jobs number, a little bit of a bright spot in

the nasdaq, apple is on pace for the second straight record close. the only one lower is amazon.com. california issuing a second round of stimulus checks for residents making 70,$000, let's talk to steve hilton, checks were approved before newsom's recall election. some question of you buying votes, doesn't seem like a coincidence. >> not much of a question. it's not the only way he is using public money to cling to power. he's got this handing out of checks on the eve of the election but on top of that using government money to pay for get out the vote campaign, they have a massive inbuilt advantage of registered voters across the state.

another way is rigging the rules in his favor, newsom is not subject to normal restrictions on candidate fundraising. he can raise unlimited amount of money and recall, people like larry elder who are running as candidates have normal limits and the final way he's using public money which is a huge part of his donor base which is government unions government unions give money to newsom and he gives them policy favors in return? where did that go? it is government money. they are using the machinery of the government totally inappropriately to keep 1-party rule going. jackie: he is on track to $70 million. some of it is coming from private individuals like george soros. what is interesting is he plans

on doling out more as part of the budget he signed in july. if i were -- don't plan on it but if i lived in california and filled out high taxes and found out we had a budget surplus i have a problem with that. he's using the money to give back to residents, people love free things and i will vote for you. >> we would love to have you. you are exactly right. this is all over the place because earlier in the year towards the end of last year it will be a disaster because of the pandemic and overnight they find all this money, fundraising in terms of the budget is so skewed because it is more than the wealthiest's. stock market gains. very unpredictable, goes up and

down with the stock market, very narrow base and what it means is 50% of the money comes from the top one% of earners, all these schemes and programs, gavin newsom has cut spending on wildfire prevention. we have wildfires, he cut spending on that and lied about it. jackie: the only thing you have going for you would be the weather, but management of the state is in shambles. i want to talk about president biden, he ran on a campaign of competence and compassion, empathy but we are seeing chaos and the voters don't think vice president harris is qualified enough to take over so leave things the way it is, he's better than she would be so what happens here?

>> it is such a mess. we should remember look at everything he said we are getting the opposite. in terms of how he is failing to deliver those central promises about being a stable person who can bring competence out of the chaos, people would like a bit of a trump chaos back because it got the lowest in employment better, strong borders, america strong and respected around the world and on top of that he said he would be a moderate centrist, the most left-wing program in american history, kamala harris, that is the problem, the total shambles and humiliation of his afghanistan disaster the way that undermines american authority biden should be impeached, if he had any decency he would resign. i know kamala harris would be worse but on the other hand there has got to be accountability. when you fail on this scale, do

so much damage to america there has to be accountability. the long-term is to elect better leaders in 2024 for the presidency. in the midterms of the change we can make. the balance of power in congress. >> everyone is expecting to see that shift because people are fed up with the biden administration. of people didn't understand what they were voting for they are getting a wake-up call, a trojan horse being pulled by the extreme left and that is why you're getting chaos everywhere in the country in crisis and there's not much we can do about it. we are 7 months in. final word. >> the only saving grace is america's constitution puts power in state so if you live in florida you've got a chance of living out some sensible policies.

jackie: we will watch for your show the next revolution sunday at 9:00 pm eastern time on fox news. let's take another look at the markets, a mixed picture, the dow is down, nasdaq higher not by much and the s&p taking lower too so you think the markets will say it won't be that 10% correction but something that stays lower longer. what is the timeline you are looking at? >> markets have all the time in the world but i've seen this story before. a quote from eugene o'neill that there is no present or future, only the past happening over and over again. i've seen 7 months of gains for the s&p, valuation the highest since 2000 and concentration stocks, the biggest stock since early 2000, very expensive lesson lately but i think the rule is to the downside.

jackie: i have been a student of the market for a while, i look at the picture with inflation rising, markets at record level going up. investors getting nothing to put their money in the bank had not encouraged to save, they put their money in the risky stock market and when the bubble bursts it will create a problem. all of a sudden when you're welcome on paper evaporates and goods and services cost more people will find themselves in a pickle. >> i remember it well. these days you have record numbers of people quitting their jobs, people daytrading and interested in things like crypto, that is the material and connectivity, rather than in 2002-2003 where the market is corrected substantially in the thing to keep in mind, it is not a correction but intel even now hasn't eclipsed the

price traded in 2000 so 21 years later intel or cisco never made it back to the 2000 high, worried about stocks like apple. jackie: just wondering how much higher they can go. always great to see you. a major update in the elizabeth holmes trial. todd pyro is with us, the judge dismissed 9 members of the jury. >> a new way to get out of jury duty, 9 people dismissed in the fraud trial of elizabeth holmes because they weren't vaccinated. the covid coming up on a juror? 7 men and 5 women seated, homes facing wire fraud, i used to write jury instructions, jury questionnaires, i've never written one for covid.

it is crazy to me this is popping up on juror questions. jackie: if you watch the documentary on elizabeth holmes they pain her to be a sociopath. a terrifying human being. what this jerry is faced with is interesting to see. >> making out her boyfriend to be worse. jackie: revenue jumped 60% over the last year and look at joann, the craft company, 30% drop in retail sales in the first half of the are, joann down 70% in this trading session. look at this. a rocket explodes three minutes after taking off from a california military base. what went wrong? we will explain that. a new poll shows 50% of california voters do not want

to recall gavin newsom. larry elder will take that on. jen psaki -- jen psaki, president biden athletes, the president of afghanistan where he asked him to lie. listen. >> i'm not going to get into private diplomatic conversations or leaked transcript of phone calls. >> he once demanded transparency about donald trump's ukraine call, seems like a double standard. lara trump is here to respond to that. ♪♪ ♪♪ i don't need the reason ♪♪ into this chip i invested in invesco qqq a fund that invests in the innovators of the nasdaq 100 like you become an agent of innovation with invesco qqq

that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on? sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models. that building you're trying to buy, get 5 hundred purchase allowance - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum! ♪♪

(vo) the rule in business used to be, "location, location, location." now it's, "network, network, network." so you need a network that's built right. verizon business unlimited starts with america's most reliable network. then we add the speed of verizon 5g. we provide security that's made for business and offer plans as low as $30 per line. more businesses choose verizon than any other network. we are open and ready for you. go on... put yourselves through all that pain. don't be silly ... nothing's tougher on pain than advil. nothing. pain says you can't, advil says you can. ♪ ♪ we are the next. the next generation of visionaries. rule breakers. game changers. and world beaters.

we were built to perform on the biggest stages. but we certainly aren't here to do what's been done before. and neither are we. at palo alto networks, we are ready to secure our digital future. as companies innovate to transform, we innovate to outpace cyberthreats. so you can embrace technology with confidence and make the next day safer than the one before. we've got next. it's moving day. and while her friends are doing the heavy lifting, jess is busy moving her xfinity internet and tv services.

it only takes about a minute. wait, a minute? but what have you been doing for the last two hours? ...delegating? oh, good one. move your xfinity services without breaking a sweat. xfinity makes moving easy. go online to transfer your services in about a minute. get started today. introducing xfinity rewards. our very own way of thanking you just for being with us. enjoy rewards like movie night specials. xfinity mobile benefits. ...and exclusive experiences, like the chance to win tickets to see watch what happens live. hey! it's me. the longer you've been with us... the more rewards you can get. like sharpening your cooking skills with a top chef. join for free on the xfinity app and watch all the rewards float in. our thanks. your rewards.

jackie: you are looking at capitol hill, 76 degrees and sunny this morning. president biden's approval rating hitting a new low of 43% following the withdrawal from afghanistan. you look at this and see people are losing confidence and expressing it, not afraid to express it even in the polls. you look where this poll is coming from, in pr is an incredible source. >> it goes to show president biden turned out to be much worse than many of us who had low expectations for him thought that he would be. i would love to ask the 43% what they think this guy has done right because it has been one disaster after another since he took office.

he and his democrat allies are running america into the ground trying to socialize this country, weakening our position in the world, leaving americans behind enemy lines. it is outrageous what we've seen happen but i think these numbers are very reflective of the poor job he has done since taking office. >> caller: jackie: these are major problems the country is facing in one place the biden administration would say we were doing a good job would be when it comes to the pandemic but we got this dismal jobs report this morning which is a terrible indicator where this economy is, this is reopening time and they are peddling a narrative of be afraid of the delta variant and don't go back to work. >> this is the result when you pay people to stay home and not work, when you have people reliant on the government in so

many places you don't incentivize people to get jobs. small businesses are hurting. my parents are small business owners and they are having a hard time finding people to work as a result of the policies of this administration. on every front possible president biden is failing america and failing americans and we want people this sort of thing would happen, if you put president biden in charge he will be week on the world stage, incredibly bad for the economy, things happened much faster than many of us predicted. jackie: under donald trump we were at a 50 year low on the unappointed rate and the pandemic shot that up but it started to come down quickly when he was still in the white house. 5.2% headline on the unemployment rate to somebody

doesn't understand the market they might think that is a good number and it is coming down but it is coming down for the wrong reason, less people are looking for work because they are more confident the government will prop them up the way we have been. >> it is a slippery slope. this is the slow slide into socialism when you have people that become reliant on the government and they get used to that then why would they get a job, the government is going to take care of them and more people to accept socialism in america, this is a convenient way to make that happen but once we go down that path we don't come back, when our freedoms are taken away they do not give them back, look no farther than venezuela to see what can happen very quickly if we go down the wrong path and it is frightening. i heard you say president biden

has been the trojan horse for socialism in the democrat party. it is so spot on. they have been slick with the way they implemented things but if we don't real it back in and get america back on track it is scary what is to come for this country. jackie: when you give people free things it is hard to take away from them. the white house is refusing to discuss president biden's leaked call with the exiled afghan president but jen psaki want trump ukraine call transparency. in 2019 she tweeted it is not just the call transplants, that was a where complaint would have more details, we need both had not just the call. donald trump got impeached over the zelinksy call and if you read the transcript there was nothing that suggested in any way that there was a quid pro quo but president biden asking the ex-president of afghanistan to lie about how much power the

taliban has so he could move forward with the withdrawal, enough to make your head explode. >> it is so outrageous to see this was allowed to happen in the press secretary just brush it off as no big deal, principles and moral superiority only matter when they are politically advantageous for you and otherwise you brush it under the rug and not worry about it. i would be shocked to see the bloodthirsty white house press pool let sarah sanders or kayleigh mcenany get away with what jen psaki did in this situation. donald trump got impeached for a perfectly acceptable phone call, we have 13 americans dead, americans trapped behind enemy lines, death warrant signed for our afghan allies thanks to the handling of this

crisis and it starts with that phone call from president biden so where is the accountability. americans should be outraged and we should call for full and complete transparency on the situation including the phone call. jackie: what went on in the press room under donald trump versus what happened now in the softball question aside from peter doocy that try to get a word in edgewise, hard to watch. good to see you. let's look at the markets, the dow down by 67 points, the s&p lower by three. i want to look at stocks, the dow 30 and how that looks, more green than we started at the open, the market is weighing the severity of the jobs report, the fed will continue to backstop the market. on the other hand what problems are we seeing as we have a more

robust reopening and that doesn't seem to be happening with this delta variant. the faa investigating problems with richard branson's trip to space. >> reporter: we watched it live, it looked flawless but it is grounded because richard branson's like to space aboard the version galactic spaceship two veered off course during its descent. warning lights had shown up on the dashboard, virgin galactic will not be able to conduct another spaceflight until the faa finishes its investigation. jackie: firefly showed their test flight, it exploded. >> reporter: another rocket grounded in a more pronounced fashion, firefly launching itself a rocket for the first time but it suffered an issue. it exploded above the pacific ocean. the company was attempting to reach orbit and establish a

presence in the space game allowing big companies to start out. this was going to cost $15 million to launch but it is not costing anything. jackie: a viral video starring an alligator. i love alligators. >> don't know if you are a college football fan but the florida gators kickoff their season against the florida atlantic owls tomorrow night, a different kind of matchup blowing up the internet, i can watch this all day. the drone having above the gator's head, the gator starts chomping down on the drone, white smoke, there's not a new pope, he chewed on the lithium battery. jackie: a quick anecdote, first time i played golf i was on the golf course in florida and my pink golf ball landed next to an alligator. he was sitting there quiet, not even moving, perfectly still. iran to get the ball and they were screaming at me not to go near him.

but look how the mouth snaps. they are cute. >> i'm not much of a golfer but take it over next time. jackie: one state wants to pay you $7,500 to move and work there. we will tell you where that is happening, 235,000 jobs were added last one, the smallest gain in 7 months. is covid changing how americans look at work? we will take that on after this. ♪♪

>> wildwood new jersey new jersey sure. kickoff labor day weekend. the mixed picture on our hands. we had into the long weekend. the company raising wages it,

each raise will be -- the labor market slowing down as we head into the labor day weekend. 230,000 jobs well under the estimates. connell mcshane is breaking the report down further. >> it was durable and strong. we talked about the labor secretary earlier. there is no design a disappointing figure. and they are blaming the delta variant of the coronavirus for part of this. and he is optimistic we could bounce back. >> this is more a temporary problem for the economy, more

people are vaccinated, as more people gain immunity from the virus. that problem not to go away. i would guess we will see some surprises emerge in the future. >> the jobs, retail government down, transportation of 0, leisure and hospitality, that is the sector for perspective. give or take the prior two months before last month. comments this morning president biden said no question the delta variant of covid leading to this which is why the report wasn't stronger. we need to get more people vaccinated. he called the pandemic of the unvaccinated creating

unevenness in the economy, and enhanced employment benefits going away next week, he reminded the states they could still use federal money to extend those benefits and reiterated calls for higher taxes on the rich and corporate america. >> federal funds to the states, the labor secretary denies these benefits had anything to do with people not wanting to go into the labor force but it must be a piece of that and people choose to tap into those benefits and stay home we will belong the problem. >> it is up to the states. a state would have to come out and say we want to use this money for that purpose. to your point if they do we could have the whole discussion of incentives. jackie: ed, president biden says his economic plan is working and is blaming this on

the variant. is probably right the delta variant is having an impact but it is how we are treating it and that goes back to the administration. >> the variant has had some impact on employment. august is a tough month to get the data right. seasonal adjustment factors get messed up from people going back to school. makes no sense leisure and hospitality had no increase in employment. doesn't make sense the construction decline. september numbers will be critically important issues especially with the rise to the fed but wages were up quite a bit and the overall wages and salaries reflecting wages and the number of people working and how many hours they are working rises to a record high. the economic output is pretty good. >> nice to see wages rising but

when you look at inflation they are not keeping up with the pace of inflation so workers are losing money. >> good point but the point, walmart announced increasing wages. on balance much will depend on the inflationary surge and if it is transitory. i think it will be transitory but the point is an important one. companies are coming to grips with the reality there's a shortage of workers and they have to increase productivity the question is whether productivity is making a comeback and i'm optimistic on that score. the problem i've seen in my limited experience is as you raise prices you see them go up and it is rare that you see a

restaurant that they pull back on it and the things that impact americans most, food and gas, we don't include those in the numbers, that is the transitory rate. can look at te report or core report and some economists look at the core report and the more optimistic about the situation but, they pay for food or energy and we've seen upward pressure. looking ahead we will find some of this turns out to moderate, the key point is the productivity story. there's more than people realize. jackie: we want to see the stock market rise. these are all things investors, we don't want bumps in the

road. one state combating the labor shortage by offering thousands of dollars to move there, which state. >> who doesn't like cheese and maple syrup. trying to fill open position to take a job and moved to the state, you can receive reimbursement, expenses like clothing costs. cashiers at the top, it shows how important those jobs are. jackie: in that state, you pay people to work there. amazon making changes to recruiting strategy.

this is shocking considering the market, people in college, the labor shortage, lots of companies looking the other way on these things that used to be red flags. amazon telling the small companies that operate delivery vans to advertise in job postings they don't screen applicants. advertising the policy can boost the number of job applicants by 400% according to the message from amazon, the company adding that screening for marijuana, it cuts the prospect of worker pool by 30%. changing high times. >> looking to control the wildfire burning near lake tahoe.

we've got that report coming from that. president biden will campaign for governor gavin newsom, larry elder running against newsom. is he worried about a biden bomb next. ♪♪

as someone who resembles someone else... i appreciate that liberty mutual knows everyone's unique. that's why they customize your car insurance, so you only pay for what you need. [ nautical horn blows ] i mean just because you look like someone else doesn't mean you eat off the floor, or yell at the vacuum, or need flea medication. oh, yeah. that's the spot. only pay for what you need. ♪ liberty, liberty, liberty, liberty ♪

>> firefighters in california getting a little relief from blowing windss near lake tahoe. the wildfire thread is not over yet. >> reporter: it will take several weeks to put it out but containment is up to 29%. the fire only burned four square miles, that is not much out of 330. i want you to see it, what firefighters are protecting, crystal blue waters hard to see

because the smoke is in the basin but also around the 75 mile shoreline thousands of homes and businesses. look at the map. the fire remains 5 miles south of the lake itself. you basically see the residents have been allowed to return but not the 23,000 evacuees from tahoe, the largest town. this is what the active fire area looks like in the national forest, crews, chainsaws, bulldozers, clearing brush along the major roads using controlled burns to stop the spread. >> what you see here is a backfire, fighting fire with fire. the firefighters are laying down new fire to let the flames take the fuel, keeping it download as it approaches the fire line which is this highway so the fire doesn't jump the firebreak into the other side.

by doing so you have stricter protection and mop up but this backfiring operation they hope will stop the fire right here. >> reporter: over the last 3 weeks the fire destroyed 700 homes mostly wood cabins inside the forest surrounded by heavy brush, dry needles as the wind driven blaze swept through multiple neighborhoods. 30 aircraft and helicopters dropped thousands of gallons yesterday trying to heard the fire integrated outcroppings all around here where there is nothing left to burn. >> the fire is everywhere. the cal door fire is the number one priority, they are all focused on sending them here because we have communities at risk.

>> given where we were sunday with this major fire burning towards the town it appears the catastrophe has been a burden but it is not averted yet. jackie: those images are tough to watch. let's bring in larry elder running for governor in california. anything to say about gavin newsom and his management of the wildfire so we learn from steve hilton who cut the budget when it came to preparation? >> the outgoing governor of california, jerry brown, 500,000 acres of fallen trees and dry vegetation is gavin newsom cleared 90,000 which if true would be a drop in the bucket. it turned out he only cleared 13% of what he said he did. he misled californians by a factor of 7. that is just one thing. the outrageous outrageous way this man shutdown the state in the most severe way compared to the other 49 states, the famous french laundry restaurant with the people who pass the mandates not wearing masks or

engaging social distancing of his own kids enjoyed in person private education while denying in person private education to the 80% of black and brown students in public education school and before the pandemic our test scores were near the bottom of all 50 states, 70% of black boys in california, state level of proficiency, all third-graders cannot and were denied a whole year in person education. one of the many things they are afraid of is larry elder supports choice in school, parents should have the choice to put kids in private school or charter school or religious school or even homeschooling and the largest obstacle to that is the teachers union and the largest funder of my opponent, the rise in crime, violent crime, shooting, homicides in oakland and san francisco and los angeles because of crime das that gavin newsom is responsible for putting and the outrageous rise in homelessness, people leaving

california for the first time, a net negative population of us to congressional seat, this can be laid at the feet of gavin newsom and the 2 thirds super majority of democrats in sacramento and i will turn that around, go to electelder.com. my opponent has raised $50 million in the usual suspects, teachers unions, public sector unions, hollywood, big tech, make this a fair fight. >> a lot of problems in california and he mismanaged them, that's why we're having a recall and whenever i see democrats throwing money at a problem usually indicates they're worried about it but they've been doing a lot of fundraising north of $50 million is recolored and president biden is coming to california to endorse the governor. that's why we have crazies all over the place in his beach house this weekend but a survey we have shows 58% of voters do not support a recall.

i wonder what you think, will there be a recall and if you are confident that you can win this thing? >> i'm confident he will be recalled and more confident when he is recalled i will be the ones replacing but it is a 2-step deal, the first is 50% of californians have to recall this man in the second part is who do you want to replace them at all the energy is with us. how will president biden defend this man's record on crime, homelessness, the cost of living, 800,$000 for the price of a home in california, 150% or 250% depending which server you read above the national average, stranglehold in sacramento and the way president biden defend his record on afghanistan is how he has to defend gavin newsom's record as governor of california. it is atrocious and notice the ads are all about the republican takeover, nobody

defend his record. jackie: we wish you the best of luck. coming up next on the show, our eyes are on the u.s. open, a live report coming up. ♪♪ i mean, put it this way. if i told you i'd been jarring raspberry preserves for 85 years, what would you think? (humming) well, at first you'd be like, "that has gotta be some scrumptious jam!" (humming) and then you'd think, "he looks fantastic! i must know his skin care routine." geico. saving people money for 85 years. beg your pardon. that spin class was brutal. well, you can try using the buick's massaging seat. oh. yeah, that's nice. can i use apple carplay to put some music on?

sure, it's wireless. what's your buick's wi-fi password? it's buick envision. that's a really tight spot. i used to hate parallel parking. ( all together ) me too! the all-new buick envision. built around you. all of you. pay no interest for 72 months plus current eligible buick owners get 5 hundred purchase allowance on 20-21 buick suv models. that building you're trying to buy, get 5 hundred purchase allowance - you should ten-x it. - ten-x it? ten-x is the world's largest online commercial real estate exchange. you see it. you want it. you ten-x it. it's that fast. if i could, i'd ten-x everything. like... uh... these salads. or these sandwiches... ten-x does the same thing, but with buildings. sweet. oh no, he wasn't... oh, actually... that looks pretty good. see it. want it. ten-x it. yum!

in business, it's never just another day. it's the big sale, or the big presentation. the day where everything goes right. or the one where nothing does. with comcast business you get the network that can deliver gig speeds to the most businesses and advanced cybersecurity to protect every device on it— all backed by a dedicated team, 24/7. every day in business is a big day. we'll keep you ready for what's next. comcast business powering possibilities. and there you have it— -woah. wireless on the most reliable network nationwide. wow! -big deal! ...we get unlimited for just $30 bucks. sweet, but mine has 5g included. relax people, my wireless is crushing it. that's because you all have xfinity mobile with your internet. it's wireless so good, it keeps one upping itself. switch to xfinity mobile and save hundreds on your wireless bill. plus, save up to $400 when you purchase a new samsung phone or upgrade your existing phone.

learn more at your local xfinity store today.

jackie: the u.s. open is back in action but fans who want to see the match in person need to be fully vaccinated. jerry willis speaking with officials, are they worried about these restrictions? >> reporter: they are largely positive. only a couple hundred of the tens of thousands of folks coming into this facility said i want a refund but the big worry, the controversy is something else entirely, the fans have to be vaccinated while players do not. we spoke to one official who told us it is a players

organization not requiring players to be vaccinated while city hall says get those fans vaccinated. >> as far as new york city is concerned their mandate was specific, fans in attendance and players who live outside new york city not required to be vaccinated. that's not a decision the usda made. it was made at the city level. >> reporter: the protocol requires the following. the fans have to have at least one covid 19 shot. sickly if you go into the arthur ash stadium over my shoulder here you've got to have a mask on. the saddest protocol, you can't ask a player for not a graph. jackie: good to see them back in business. time for the friday trivia question. what time does an american adult on average go to sleep? todd pyro will take a guess and we will give him the answer.

we did it again. verizon has been named america's most reliable network by rootmetrics. and our customers rated us #1 for network quality in america according to j.d. power. number one in reliability, 16 times in a row. most awarded for network quality, 27 times in a row. proving once again that nobody builds networks like verizon. that's why we're building 5g right, that's why there's only one best network.

today, your customers want it all. you have to deal with higher expectations and you have to lower wait times. with ibm, you can do both. your business can unify apps and data across your clouds. so you can address supply chain issues in real time, before they impact your bottom line. predicting and managing operational issues that's why so many businesses work with ibm. ♪ ♪ we are the next. the next generation of visionaries. rule breakers. game changers. and world beaters. we were built to perform on the biggest stages. but we certainly aren't here to do what's been done before. and neither are we. at palo alto networks, we are ready

to secure our digital future. as companies innovate to transform, we innovate to outpace cyberthreats. so you can embrace technology with confidence and make the next day safer than the one before. we've got next.

zero-commission trades for online u.s. stocks and etfs. and a commitment to get you the best price on every trade, which saved investors over $1.5 billion last year. that's decision tech. only from fidelity. ♪ jackie: all right. before the break we asked what time does the american adult, on average, go to sleep. i made the distinction, can covid time or normal time? not really sure. final guess, todd, to you. >> i guessed number two, and i had a rationale for it -- jackie: the answer, do not give it away, that's my job, is 11:39 p.m. we have got people that go to bed late. >> that's the average?

jackie: apparently. i go to bed at, like, 7:00. during covid. as soon as the sun went down, i gotta go. >> before i had a kid and did this job, i used to go to bed at 4. jackie: speaking about the kid, this weekend is the holiday, what are you doing, todd? >> i can semid all the plans, just going to relax. i gotta work monday. jackie: any grilling? you told me during the break you love breaking plans. >> it's like crack. if. jackie: i'm going to try to get some rest and relaxation and enjoy the nice weather. it's been a very brutal summer. >> feels like fall out there. jackie: and it feels good. back to that thing, it's so so interesting to me because even during normal times, i gotta get my 8 hours. >> yeah, i love it. if i could get my if 8 hours, i wouldn't be as much as a lunatic as i was for the hour i sat next

to you. thanks for putting up with me. jackie: of course. we will be watching you on "fox & friends" first weekdays on fox, and i'm assuming that is why you go to bed early. we're going to have a mixed bag handing it over to neil. the dow is down 95, the s&p down 5. neil cavuto, take it away for us. neil: jackie, thank you very much for that. jobs data that you had as well, jackie, we've had a fascinating tug-of-war going on in the financial community because, obviously, the overall number was less than expected. we were looking at something that was about three times the number we ultimately got even though a couple of the prior months were revised upward by about 134,000. but here's why i think the markets are holding back from collapsing on all of this, it probably pushes back the point at which the federal reserve will start tapering or buying