RSS SubscribeThe Sahm Rule, Employment, And Recession Indicators
By Lance Roberts – Ria Advice
Economist Claudia Sahm developed the “Sahm Rule,” which states that the economy is in recession when the unemployment rate’s three-month average is a half percentage point above its 12-month low. As shown, the latest employment report has triggered that indicator.
So, does this mean a recession is imminent? Maybe.
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#recession #unemployment