Minecraft 1.8.9 will not launch

Whenever I click the play button in the minecraft launcher no matter what version of minecraft, the launcher is trying to look for a folder called 1.8.0_60 inside of the application contents. Whereas my folder is called 1.8.0_74 in the place of 1.8.0_60. Is this because of something with java and minecraft not updating yet? It is happening to everyone I know who has a mac and I've tried restarting my computer, re-installing minecraft, logging out and then logging back in, and even reverting to an old OS X. None of which have worked.
Text Log:
[11:13:42 INFO]: Launching game
[11:13:42 INFO]: Unpacking natives to /Users/spencerlambert/Library/Application Support/minecraft/versions/1.8.9/1.8.9-natives-4703187515402
[11:13:42 INFO]: Launching in /Users/spencerlambert/Library/Application Support/minecraft
[11:13:42 INFO]: Half command: /Applications/Minecraft.app/Contents/runtime/jre-x64/1.8.0_60/bin/java -Xdock:icon=/Users/spencerlambert/Library/Application Support/minecraft/assets/objects/99/991b421dfd401f115241601b2b373140a8d78572 -Xdock:name=Minecraft -Xmx1G -XX:+UseConcMarkSweepGC -XX:+CMSIncrementalMode -XX:-UseAdaptiveSizePolicy -Xmn128M -Djava.library.path=/Users/spencerlambert/Library/Application Support/minecraft/versions/1.8.9/1.8.9-natives-4703187515402 -cp /Users/spencerlambert/Library/Application Support/minecraft/libraries/oshi-project/oshi-core/1.1/oshi-core-1.1.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/net/java/dev/jna/jna/3.4.0/jna-3.4.0.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/net/java/dev/jna/platform/3.4.0/platform-3.4.0.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/ibm/icu/icu4j-core-mojang/51.2/icu4j-core-mojang-51.2.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/net/sf/jopt-simple/jopt-simple/4.6/jopt-simple-4.6.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/paulscode/codecjorbis/20101023/codecjorbis-20101023.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/paulscode/codecwav/20101023/codecwav-20101023.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/paulscode/libraryjavasound/20101123/libraryjavasound-20101123.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/paulscode/librarylwjglopenal/20100824/librarylwjglopenal-20100824.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/paulscode/soundsystem/20120107/soundsystem-20120107.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/io/netty/netty-all/4.0.23.Final/netty-all-4.0.23.Final.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/google/guava/guava/17.0/guava-17.0.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/commons/commons-lang3/3.3.2/commons-lang3-3.3.2.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/commons-io/commons-io/2.4/commons-io-2.4.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/commons-codec/commons-codec/1.9/commons-codec-1.9.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/net/java/jinput/jinput/2.0.5/jinput-2.0.5.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/net/java/jutils/jutils/1.0.0/jutils-1.0.0.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/google/code/gson/gson/2.2.4/gson-2.2.4.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/mojang/authlib/1.5.21/authlib-1.5.21.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/com/mojang/realms/1.7.59/realms-1.7.59.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/commons/commons-compress/1.8.1/commons-compress-1.8.1.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/httpcomponents/httpclient/4.3.3/httpclient-4.3.3.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/commons-logging/commons-logging/1.1.3/commons-logging-1.1.3.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/httpcomponents/httpcore/4.3.2/httpcore-4.3.2.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/logging/log4j/log4j-api/2.0-beta9/log4j-api-2.0-beta9.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/apache/logging/log4j/log4j-core/2.0-beta9/log4j-core-2.0-beta9.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/lwjgl/lwjgl/lwjgl/2.9.2-nightly-20140822/lwjgl-2.9.2-nightly-20140822.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/org/lwjgl/lwjgl/lwjgl_util/2.9.2-nightly-20140822/lwjgl_util-2.9.2-nightly-20140822.jar:/Users/spencerlambert/Library/Application Support/minecraft/libraries/tv/twitch/twitch/6.5/twitch-6.5.jar:/Users/spencerlambert/Library/Application Support/minecraft/versions/1.8.9/1.8.9.jar net.minecraft.client.main.Main
[11:13:42 ERROR]: Couldn't launch game
java.io.IOException: Cannot run program "/Applications/Minecraft.app/Contents/runtime/jre-x64/1.8.0_60/bin/java" (in directory "/Users/spencerlambert/Library/Application Support/minecraft"): error=2, No such file or directory
at java.lang.ProcessBuilder.start(ProcessBuilder.java:1048) ~[?:1.8.0_74]
at com.mojang.launcher.game.process.direct.DirectGameProcessFactory.startGame(DirectGameProcessFactory.java:14) ~[launcher.jar:1.6.59]
at net.minecraft.launcher.game.MinecraftGameRunner.launchGame(MinecraftGameRunner.java:218) [launcher.jar:1.6.59]
at com.mojang.launcher.game.runner.AbstractGameRunner.onDownloadJobFinished(AbstractGameRunner.java:186) [launcher.jar:1.6.59]
at com.mojang.launcher.updater.download.DownloadJob.popAndDownload(DownloadJob.java:122) [launcher.jar:1.6.59]
at com.mojang.launcher.updater.download.DownloadJob.access$000(DownloadJob.java:12) [launcher.jar:1.6.59]
at com.mojang.launcher.updater.download.DownloadJob$1.run(DownloadJob.java:86) [launcher.jar:1.6.59]
at java.util.concurrent.Executors$RunnableAdapter.call(Executors.java:511) [?:1.8.0_74]
at java.util.concurrent.FutureTask.run(FutureTask.java:266) [?:1.8.0_74]
at java.util.concurrent.ThreadPoolExecutor.runWorker(ThreadPoolExecutor.java:1142) [?:1.8.0_74]
at java.util.concurrent.ThreadPoolExecutor$Worker.run(ThreadPoolExecutor.java:617) [?:1.8.0_74]
at java.lang.Thread.run(Thread.java:745) [?:1.8.0_74]
Caused by: java.io.IOException: error=2, No such file or directory
at java.lang.UNIXProcess.forkAndExec(Native Method) ~[?:1.8.0_74]
at java.lang.UNIXProcess.<init>(UNIXProcess.java:248) ~[?:1.8.0_74]
at java.lang.ProcessImpl.start(ProcessImpl.java:134) ~[?:1.8.0_74]
at java.lang.ProcessBuilder.start(ProcessBuilder.java:1029) ~[?:1.8.0_74]
... 11 more
[11:13:42 INFO]: Deleting /Users/spencerlambert/Library/Application Support/minecraft/versions/1.8.9/1.8.9-natives-4703187515402