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
Source: Reuters: Health - Category: Consumer Health News Source Type: news