Former Federal Reserve economist Claudia Sahm, who established the “Sahm Rule,” which has accurately predicted past recessions, warned the economy is on a concerning trajectory following a poor jobs report on Friday. The “Sahm Rule” is an indicator of the onset of a recession and occurs when the three-month unemployment...
Former Federal Reserve economist Claudia Sahm, who established the “Sahm Rule,” which has accurately predicted past recessions, warned the economy is on a concerning trajectory following a poor jobs report on Friday. The “Sahm Rule” is an indicator of the onset of a recession and occurs when the three-month unemployment…