Hassett: US Jobs Market Strong, Criticizes Powell

White House National Economic Council Director Kevin Hassett stated on "Bloomberg Open Interest" that the US jobs market is on an "upward trajectory," indicating robust performance.

Hassett also voiced criticism regarding former Federal Reserve Chairman Jerome Powell's decision to remain at the central bank. His comments follow the release of the June US employment report, which provided data on the labor market's current state.

The director's remarks highlight a positive assessment of the economic conditions, particularly within the employment sector, while also raising questions about leadership within the Federal Reserve.