Claudia Sahm
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My recession rule was meant to be broken
The US is not in a recession, despite the indicator bearing my name saying that it is. The Sahm rule, which was triggered with Friday’s weaker-than-expected jobs report, joins a long list of economic tools skewed by the unusual disruptions of the past fou...
2 months ago
America’s jobs market has entered the twilight zone
The strong gain of 254,000 jobs in September was a welcome surprise after months of cooling in the labour market and reinforced other signs of strength in the US economy. However, one month does not make a trend, and even with the Federal Reserve cutting...
1 week ago