Day: December 5, 2016

Unemployment Drops to 4.6 Percent

Buck Banks

4.6%

“U.S. employers hired at a steady clip in November while the unemployment rate fell to the lowest level in nine years, signs of enduring labor-market growth that will likely leave Federal Reserve officials on track to raise interest rates later this month,” the Wall Street Journal reports. “Nonfarm payrolls rose by a seasonally adjusted 178,000 in November from the prior month, the Labor Department said. The unemployment rate dropped to 4.6% from 4.9% in October as some people found jobs while others dropped out of the workforce. At 4.6%, the rate is the lowest since August 2007. Economists expected 180,000 new jobs and a jobless rate of 4.9% in November.”

CNN Political Commentator Declares the ‘End of Facts’

Buck Banks

There’s no such thing, unfortunately, anymore of facts. … One thing that has been interesting this entire campaign season to watch is that people that say facts are facts, they’re not really facts. Everybody has a way, it’s kind of like looking at ratings or looking at a glass of half-full water. Everybody has a way of interpreting them to be the truth or not true.

— Donald Trump supporter and CNN political commentator Scottie Nell Hughes, declaring the end of facts in an interview on The Diane Rehm Show, the Washington Post reports.