continuing concerns over inflation. how do those two square? we ll have much more on that in just a moment. plus happening right now, an investigation underway in arizona after the democratic candidate for governor katie hobbs said someone broke into her campaign headquarters. kyung lah is following this for us in phoenix. and more on the break-in. and police say there were some items taken. what more are we learning about this break-in and also what was taken from the office? reporter: well the campaign is still trying to sort exactly what was taken. they have to inventory everything and figure out what sensitive material was or was not taken in this break-in. there has been a police report filed and they are looking for someone. the campaign did manage to capt a capture someone who they think did this on their security cameras. we were able to obtain the still images from the security footage which has been handed over to police. as police try to figure out exactly who di
raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing. because the ec
raising interest rates five times this year to combat inflation. and even with this new report, economists say people should still be bracing for the possibility of a recession in tough times ahead. so let s get to the new report and what it means and what is it doesn t. matt egan is here. and what does this good news say about what is next? well, kate, not that much. this is a rearview mirror number. it is a snapshot in time. we know the economy got knocked down in the first half of the year, but it got back on its feet this summer. gdp rising 2.6%. that is solid. consumer spends slowed but it is still positive. i think that this should silence the argument that the u.s. economy is already in recession. right. gdp is positive, the jobs market keeps chugging along. new numbers show that initial jobless claims which is a proxy for layoffs, they remain low. at pre-covid levels. how you could have a recession if you don t have playoffs. this is so confusing.
i think it plays out over and over again any opportunity that he has, and he isn t even connected to, charlottesville, like personally collected to, he doesn t do the right thing, he doesn t rise up. he says both sides. like we saw yesterday with the central park five, we have to understand these young boys who are now men, their lives were destroyed and the system did it to them. during that time i grew up in new york and i remember this very briefly because i was young myself, he took out an ad four. four ads had saying they should be essentially hung without them getting their due process. and that is a scary, scary thought that he s now the president of the united states, who i is edge couraging. i have talked to african-americans who are older who have been around for a very long time. they see people like the proud boys and they tell me that s the modern version of the ku klux klan and they re not wearing
adding bartenders and fast food workers that tend to pay less, but hiring is picking up in warehouses, factories, office parks, hospitals, labs. the jobless rate is 5.8%. still the lowest, lowest in six years. wages grew slightly in november, but this has been a missing part of the recovery for several years now. even as demand grows for skilled and unskilled labor, wages have not risen. that makes workers feel the recovery less. the white house argues these numbers are edge couraging but that a higher minimal mum wage is still needed cushion those lowest paid workers. on balance this week taught us a lot about the health of the economy. the best november auto sales in years. record high stocks. very strong job creation. the lowest gas prices in more than four years all pretty good signs for the american economy and the american consumer. fredericka. good news. we like that. christine romans, thanks so much. as we enter the holiday shopping season, the way we buy gifts is being cha