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More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says

More than half of industries are already shedding workers, a ‘telling’ sign that’s accompanied past recessions, top economist says

The U.S. economy isn’t in a recession yet, but the number of industries cutting back on headcount is concerning, and future revisions to jobs data could show employment is already falling, according to Moody’s Analytics chief economist Mark Zandi. In a series of X posts on Sunday, he followed up his warning from last weekend that the economy is on …

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