Understanding the 'Sahm Rule' in Economics

Reported 2 months ago

The recent July jobs report indicated weaker-than-expected job growth in the US, with only 114,000 jobs added and unemployment rising to 4.3%. This situation has sparked discussions about the Sahm Rule, an economic indicator developed by Claudia Sahm, which signals a potential recession. The Sahm Rule is gaining attention as it relates to the current job market data.

Source: YAHOO

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