Former Trump official Gary Cohn notes "job market degrade," though it may be "temporary"

Source: CBS News | Published: September 21, 2025, 4:09 pm | Read Original

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Former Trump official Gary Cohn notes "job market degrade," though it may be "temporary"

As Federal Reserve chairman Jerome Powell said the U.S. economy is "cooling off," IBM vice chairman Gary Cohn, who served as director of the White House economic council in the first Trump administration, tells "Face the Nation with Margaret Brennan" that "it may be temporary …. But the reality is we have seen the job market degrade."

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