Key Takeaways The U.S. economy likely lost an average of 20,000 jobs per month between April and September, rather than the reported average gain of 43,000 jobs per month, Federal Reserve Chair Jerome Powell said.A downward revision of job growth would be yet another red flag about the health of the labor market. The job market, already thought to be slowing down, may be in even worse shape than it seemed at first.The U.S. economy likely gained an average of around 60,000 fewer jobs each month than previ ...