H
harddriver
Well-known member
Jerome Powell: “There is effectively ZERO net job creation in the private sector.”US job growth in February has been revised down from to a total loss of -92,000 jobs to -133,000 jobs.
It's the largest loss since December 2020.
https://finance.yahoo.com/news/powell-job-creation-is-near-zero-202637723.html
March 18, 2026
Job creation in the US has slowed to essentially zero, Federal Reserve Chair Jerome Powell said Wednesday as the Fed released its latest economic projections, which included slightly higher economic growth than previously projected and little change to the unemployment rate.
Altogether, Powell said, central bankers see "a degree of stability" in the labor market.