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decades. plus the search for answers continues after a deadly stab ing attack on the iconic las vegas strip. and the justice department reportedly does not think the former president trump has returned all of the documents he took when he left the white house. we begin with another job growth story. it s starting to slow. the government reported this morning that employers created 263,000 new jobs in september. it s in line with expectations. the unemployment rate fell to 3.5%. let s break it down. the hispanic unemployment rate fell last month. it s now at 3.8%. the black unemployment rate is now at 5.8%. and wheal we ll have more to say save about the economy today. wall street, not thrilled with the news. it s down about 500 plus points, as you can see right now, as it means the federal reserve could continue raising interest rates to fight rising prices. as you see it, it s dropping a little more than 500 points at this hour. with us now to talk more about this ....
Between 1992 and 2021, 6,500 people were convicted of simple possession. the president also called on governors to issue pardons for those who face state charges of simple marijuana possession. i want to bring in simone townsend. and the founder and ce of os grass lands. he served as the first ever marijuana editor. so monica, what can you tell us about what led the president to make his announcement now? reporter: this is something that candidate biden promised and talked about repeatedly. we have certainly seen this kind of thing. ....
Is legal. and washington still working through some of the regulations on sales of recreational marijuana. but we have learned there are at least eight other states from colorado to maine that are considering this, and you have to think, when they see the type of money colorado is making or could be making from taxes, that that would certainly have some kind of influence over whether or not they decide to follow suit. deb? no question about that. all right, ana cabrera, thanks so much. appreciate that work. let s expand the conversation about marijuana and all the tax money that colorado now expects to reap from it. joining me from denver is ricardo backo, marijuana editor for denver post and the fact that the paper actually created a job with that title says a lot. now the executive director of the marijuana industry group says that pot is on its way to becoming a billion-dollar industry. could it get that big? well, you know, it s not only the industry who is saying that, but ....
Medical or recreational canny bus. but they are laying the groundwork in three states now. alaska, massachusetts and maryland to remove the prohibition on recreational pot consumption. not everyone is pleased. take a listen. from maryland s standpoint, i spend a lot of time in middle school telling kids to keep a clean record to get agood job and help their families. for the los angeles times and the only marijuana editor in the country we should note for purposes of our audience. let me start with you there in los angeles, we heard from martin o malley opposed to legalizing recreational pot but jerry brown agrees with martin o malley. he said in part over the weekend, i don t know if everybody is going to pot that that s going to be a positive path forward. did that surprise you at all? ....
New industry reportedly generated over $5 million. colorado may be the first state to legalize recreational marijuana, but it s unlikely to be the last. in 20 states and localities now allow some legal use of marijuana. today, new york governor andrew cuomo is expected to announce a policy that will loosen restrictions on the use of medical marijuana. joining us now is the marijuana editor for the denver post. ricardo, how is it going in colorado so far with the newly recognized recreational weed? you know, things are expectedly calm out here. certainly calming down. no more million-dollar sales days. no more lines around the block. there certainly are lines depending on the time of day that you re going into one of these recreational pot shops. but i ve had many friends, ....