Powell Suggests Economy is Steadily Losing Jobs

Jerome Powell yesterday commented on how the Fed is trying to make policy without data. He also said that what little data we do have on job creation seems to be skewed upwards by about 60,000 a month.

So, rather than creating roughly 40,000 jobs a month in the last quarter+, he thinks the economy is more likely losing 20,000 jobs a month. 

The Trump critic: Quite the hat trick Donald has pulled off: higher prices and losing jobs.

The Trump defender: But at least he's building a ballroom so couldn't you try to think about someone other than yourself - American voter - and just be happy for him?