glossaryeconomics

An economic indicator of recession. States that the 3 month moving average of the unemployment rate being 0.5+% above the lowest 3 month moving average over the last 12 months signals that the early stages of a recession has been entered.

References

• https://en.wikipedia.org/w/index.php?title=Sahm_rule&useskin=vector
• https://www.investopedia.com/what-is-the-sahm-rule-8637564