voteinorout on Instagram: "#JeromePowell expresses concern over the "very, very low level of job creation," noting that after adjustments for over-counting, there is "zero net job creation in the private sector." #Economy #JobMarket⁠ ⁠ In a recent committee discussion, #JeromePowell highlighted that trend job creation over the past six months shows no real growth when adjusted for over-counting. This underscores ongoing challenges in the #Economy, as accurate job data is crucial for policy decisions.⁠ —⁠ ⁠ Fed Chair Jerome Powell spoke to reporters after the Fed decided to keep interest rates steady for now. He was blunt about the state of hiring — saying there is no jobs growth right now. The private sector isn’t creating new jobs. That’s at odds with Trump’s rosy assessment of the economic. Picture. ⁠ ⁠ The Fed Chair suggested that some of this is driven by the current mass deportation and border policy: without more immigrants to take jobs, businesses aren’t growing. He said it’s “the biggest factor there.”⁠ ⁠ Powell described the current situation as “a sort of zero employment growth equilibrium,” balanced on paper but carrying a “feel of downside risk.” Translation: no growth is not good. Follow @jessicayellin for more.⁠ ⁠ Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson"

0 likes, 0 comments - voteinorout on March 19, 2026: "#JeromePowell expresses concern over the "very, very low level of job creation," noting that after adjustments for over-counting, there is "zero net job creation in the private sector." #Economy #JobMarket⁠ ⁠ In a recent committee discussion, #JeromePowell highlighted that trend job creation over the past six months shows no real growth when adjusted for over-counting. This underscores ongoing challenges in the #Economy, as accurate job data is crucial for policy decisions.⁠ —⁠ ⁠ Fed Chair Jerome Powell spoke to reporters after the Fed decided to keep interest rates steady for now. He was blunt about the state of hiring — saying there is no jobs growth right now. The private sector isn’t creating new jobs. That’s at odds with Trump’s rosy assessment of the economic. Picture. ⁠ ⁠ The Fed Chair suggested that some of this is driven by the current mass deportation and border policy: without more immigrants to take jobs, businesses aren’t growing. He said it’s “the biggest factor there.”⁠ ⁠ Powell described the current situation as “a sort of zero employment growth equilibrium,” balanced on paper but carrying a “feel of downside risk.” Translation: no growth is not good. Follow @jessicayellin for more.⁠ ⁠ Help this information get to more voters. 🇺🇸 A well-informed electorate is a prerequisite to Democracy.—Thomas Jefferson".