This chapter explores the Sahm Rule and its limitations in the context of rising unemployment rates. It highlights the importance of interpreting economic indicators carefully, considering both negative and positive scenarios, and discusses proactive measures amidst changing economic conditions since the pandemic.
On today’s Big Take podcast, economist Claudia Sahm explains the Sahm rule: how she came up with the idea, whether or not we’re in a recession, and why she wishes it was called something else.
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