Observation:
Sep 2024: 0.50 (+ more) Updated: Oct 4, 2024 8:06 AM CDTSep 2024: | 0.50 | |
Aug 2024: | 0.57 | |
Jul 2024: | 0.53 | |
Jun 2024: | 0.43 | |
May 2024: | 0.37 | |
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Units:
Percentage Points,Frequency:
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Source: Sahm, Claudia
Release: Sahm Rule Recession Indicator
Units: Percentage Points, Seasonally Adjusted
Frequency: Monthly
Sahm Recession Indicator signals the start of a recession when the three-month moving average of the national unemployment rate (U3) rises by 0.50 percentage points or more relative to the minimum of the three-month averages from the previous 12 months.
Sahm, Claudia, Sahm Rule Recession Indicator [SAHMCURRENT], retrieved from FRED, Federal Reserve Bank of St. Louis; https://fred.stlouisfed.org/series/SAHMCURRENT, .