Economist Says Economy Is At Risk Of Slipping Back Into Recession Next Year
Mark Zandi, Chief Economist for Moody’s Economy.com, says the current economic recovery is “fragile and tentative” and thinks the risk of the country slipping back into recession is “uncomfortably high.” He believes this because although employers have slowed down layoffs, they have not begun to hire aggressively. (0:25)
October 21, 2009
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