US Unemployment Rise Is on Verge of Triggering Recession Rule
The rise in unemployment to 3.9% last month means joblessness is close to triggering the so-called Sahm Rule, which has proven to be reliable predictor of recessions in the past. The rise in unemployment to 3.9% last month means joblessness is close to triggering the so-called Sahm Rule, which has proven to be reliable predictor…