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Economist Warns Fragile GDP Growth Amid Job Stagnation

12/25/2025

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Summary

Story summary

Mark Zandi, Moody's Analytics chief economist, warns that 4.3 percent GDP growth is fragile due to stagnant job growth.
In a CNBC interview, he notes jobless claims are low, but businesses are not hiring, risking layoffs.
Without meaningful job creation, the economy remains vulnerable to downturns.
Zandi also cautions about artificial intelligence, which could boost productivity or cause job losses.

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Story summary

Mark Zandi, Moody's Analytics chief economist, warns that 4.3 percent GDP growth is fragile due to stagnant job growth.
In a CNBC interview, he notes jobless claims are low, but businesses are not hiring, risking layoffs.
Without meaningful job creation, the economy remains vulnerable to downturns.
Zandi also cautions about artificial intelligence, which could boost productivity or cause job losses.