The most troubling feature of the job market is how thinly spread gains are, top economist says — 'this only happens when the economy is in recession'

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• The U.S. economy barely added any jobs last month, and the majority of industries are actually shedding workers. Without gains in the healthcare and hospitality sectors, there would have been no growth in payrolls this year, according to Mark Zandi, chief economist at Moody’s Analytics, who previously warned of a “jobs recession.”

Vital signs for the labor market indicate that it’s getting sicker, and the healthcare sector is one of the few that is keep it from looking even worse.