Yes, that is a power jet carb. There should have been a jet in the bottom of the bowl inline with where the line is attached. On my powerjet, the floats are on pins in the float bowl, not attached to the carb frame. The power jet line is the red line going from the bottom of the bowl to the plastic part on the left side. Shorten that line so there is no bend in it.
From memory, it looks like the lines are hooked up correctly. I will have to dig one out of the parts box and double check.
In the last picture, what is the T in the fuel line after the fuel filter. Did you put a primer on? That carb has a choke. That is the cable going to the side of the carb.