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Sahm Rule Recession Indicator

Sahm Rule Recession Indicator

The Sahm Rule identifies signals related to 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 its low during the previous 12 months.

Percentage Points, Monthly, Seasonally AdjustedMar 1949 to Sep 2019 (Oct 4)
 
Percentage Points, Monthly, Seasonally AdjustedDec 1959 to Sep 2019 (Oct 4)
 


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