Economist Claudia Sahm has shown that when the unemployment rate’s three-month average is half a percentage point higher than its 12-month low, the economy is in recession.

Tomorrow is the BLM numbers

This post was edited on 8/2/24 at 8:51 am

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Posted by SEC. 593

Chicago

Member since Aug 2012

4347 posts

Posted on 8/1/24 at 8:54 pm to Jjdoc

St. Louis FED Sahm Rule tracking.

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Posted by Jjdoc

Cali

Member since Mar 2016

55376 posts

Posted on 8/2/24 at 8:40 am to SEC. 593

Just broke .5

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Posted by Nole Man

Somewhere In Tennessee!

Member since May 2011

8640 posts

Posted on 8/2/24 at 9:22 am to Jjdoc

Observation:

Jul 2024: 0.53
(+ more)
Updated: Aug 2, 2024 7:58 AM CDT

Continues to trend upward in 2024

This post was edited on 8/2/24 at 9:23 am

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Posted by el Gaucho

He/They

Member since Dec 2010

58464 posts

Posted on 8/2/24 at 9:51 am to Jjdoc

quote:
Economist Claudia Sahm

That’s an interesting name for an economist. He must have had to work extra hard to overcome his parents naming him like that

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Posted by Nole Man

Somewhere In Tennessee!

Member since May 2011

8640 posts

Posted on 8/2/24 at 10:01 am to el Gaucho

quote:
That’s an interesting name for an economist. He must have had to work extra hard to overcome his parents naming him like that

She identifies as an American economist and Fulbright Scholar. She did graduate from, Denison University a private liberal arts college in Granville, Ohio, so there's that.

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Posted by go ta hell ole miss

Member since Jan 2007

14547 posts

Posted on 8/2/24 at 4:38 pm to el Gaucho

quote:
quote: Economist Claudia Sahm

That’s an interesting name for an economist. He must have had to work extra hard to overcome his parents naming him like that

El Groucho, I always took you for a feminist. Guess I missed the mark.

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