Kevin Hassett: Unemployment Rate

kevin hassett: The White House's chief economic adviser, Kevin Hassett, admitted that Donald Trump had been wrong to claim that GDP growth was higher than the unemployment rate for the first time in 100 years, according to The Guardian. On Monday morning, Trump wrote on Twitter The GDP Rate 4.2% is higher than the Unemployment Rate 3.9% for the first time in over 100 years! Sign up to receive the top US stories every morning Asked about the veracity of the statement later that day at a White House press briefing, Hassett said So I can tell you what is true. But on Monday, the American people were treated to both. What is true is that it's the highest in 10 years. Standing behind the same podium where the former White House press secretary Sean Spicer once falsely claimed that Trump's inauguration drew the largest crowd there had ever been, Hassett thanked the reporter for the chance to set the record straight. And at some point somebody probably conveyed it to him adding a zero to that and they shouldn't have done that. (news.financializer.com). As reported in the news.

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