June Jobs Report’s Red Flags for Economy: Shrinking Workforce Continues

I released the following statement on the Bureau of Labor Statistics June jobs report:

Red flags abound in the June jobs report with the worker shortage persisting, layoffs rising, and employment shrinking two of last three months, fueling inflation, empty shelves, and hurting the economy.

Small businesses are struggling and American families have been wiping out their savings just to keep up with rising prices in President Biden's cruel economy punctuated by slow growth.