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The Sahm rule: What to know about the recession indicator that has Wall Street talking

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The Sahm rule: What to know about the recession indicator that has Wall Street talking


After the U.S. unemployment rate climbed to 3.9% in October, stoking fears that the labor market might finally be starting to crack under the weight of the Federal Reserve’s interest-rate hikes, economic data released Friday showed that unemployment retreated to 3.7% in November. That means the…

#federalreserves #federalreserve #claudiasahm #marketwatch #sahm #labordepartment

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