RE: Sahm rule was triggered this morning with the poor jobs report. One of the

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Aug 2, 2024
9:23:46am

Longseason All-American

RE: Sahm rule was triggered this morning with the poor jobs report. One of the

🚨JUST IN: U.S. RECESSION UNDERWAY.

According to the Sahm Rule it is.

Named after FED economist Claudia Sahm: a recession is likely if the unemployment rate (3-month avg) rises by 0.5% from its low.

Bloomberg reports it has been triggered.

“Three-month average for the… pic.twitter.com/6U3VULGTm7
— Genevieve Roch-Decter, CFA (@GRDecter) August 2, 2024

https://twitter.com/GRDecter/status/1819362069797654784

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Longseason

Previous username: panacablue
Bio page: Longseason
Joined: Jul 18, 2010
Last login: Sep 8, 2024
Total posts: 19,583 (61 FO)

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Messages

Author

Time

Sahm rule was triggered this morning with the poor jobs report. One of the

BYU-Ite

Aug 2, 9:16am

RE: Sahm rule was triggered this morning with the poor jobs report. One of the

Longseason

Aug 2, 9:21am

RE: Sahm rule was triggered this morning with the poor jobs report. One of the

Longseason

Aug 2, 9:23am

But Sahm herself has said immigration and some of the Covid weirdness has change the effect of the rule.

Tokolosh

Aug 2, 9:21am

Stay at home mom?

gwalker

Aug 2, 9:36am

Not a believer?

BYU-Ite

Aug 2, 10:10am

It's just the first thing that came to mind when I saw Sahm. I'm not familiar

gwalker

Aug 2, 10:12am

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