Recession risks really high, says Moody's Mark Zandi

Breakdown

• Mark Zandi states recession risks are very high, with job growth at a standstill. 17s
• Traditional unemployment indicators may not fully reflect economic weakness due to a shrinking labor force. 54s
• Recent immigration policy changes have led to a decline in the foreign-born labor force, impacting overall labor force growth. 3m 5s
• Consumer spending has stagnated, partly due to reduced spending by immigrants. 4m 18s