In October 2024, the Sahm recession indicator was 0.43, a slight decrease from the previous month. The Sahm Rule was developed to flag the onset of an economic recession more quickly than other indica
**Overview** This release contains information on the Sahm Recession Indicator which signals the beginning of a recession based on the three-month moving average of the national unemployment rate (U3
Labour market indicators are widely used to identify recessions, with the Sahm rule – based on changes in unemployment rate – valued for its simplicity and timeliness in the United States. Its effecti
Organisation for Economic Co-operation and Development50