​​BRADY: May's Job Report Shows Small Business Sector Losing Jobs, a Red Flag for Looming Recession


“Under President Biden these Main Street businesses are struggling with higher prices, a worker shortage, and consumers whose paychecks are shrinking each month due to record-high inflation.” 

WASHINGTON, D.C. (Texas Insider Report) — The Republican Leader of the powerful House Ways & Means Committee in Washington, D.C., Congressman Kevin Brady (R-Houston,) issued the following after the release of the May Jobs Report from the Bureau of Labor Statistics:

“In addition to a shrinking economy, slowing job growth and crushing inflation, America’s small businesses have lost jobs three out of the last four months. This is a big red flag that often signals a recession is around the corner.

“Under President Biden these Main Street businesses are struggling with higher prices, a worker shortages, and consumers whose paychecks are shrinking each month due to record-high inflation.” 

 
READ MORE of Cong. Brady's comments HERE regarding the dire U.S. Economic Outlook.
 



 
Congressman Kevin Brady by N/A is licensed under N/A
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