What the “Sahm Rule” Means for Unemployment Data

Ben Emons discusses the fallout from the June jobs report, as well as U.S. labor market trends to monitor. He highlights that jobs are cooling off and immigration numbers, could be overstating job gains. He also talks about what the “Sahm Rule” means for unemployment data.
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[@mktwatcher]

You didn't properly define the Sahm as to how it relates unemployment. You said it was a rolling 3 month metric. It is not a 3 month average. The Sahm Rule has now been tripped. Sahm states that if unemployment moves up .5% from beginning of the year then that economy is in a recession.

[@williammartin7277]

Crazy mainstream lying about strength of economy how many layoffs do they have to read and announce before telling the truth.