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Mark Zandi, chief economist at Moodys Analytics, during a Senate Budget Committee hearing in Washington, DC, US, on Thursday, May 4, 2023.

Sneaking unemployment rate means the U.S. economy is inching closer to a key recession indicator, says Moody’s

“The trends are not our friends here,” said Moody’s economist Cris deRitis.

December 19, 2025

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