Sen. Rounds: Job Growth Likely Precursor To Recession


(Washington, DC) — Senator Mike Rounds is shedding some light on the dark side of recent job growth. Appearing on ABC’s This Week, the South Dakota Republican explained that strong job growth during period where wages are not keeping up with inflation could be a precursor to recession. He also noted that such serious economic issues could also be coming “very shortly” especially as the GDP has gone down two quarters in a row.