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Congressional Research Service Issues Insight White Paper on Sahm Rule Trigger
August 27, 2024
WASHINGTON, Aug. 27 -- The Congressional Research Service issued the following Insight white paper (No. IN12410) on Aug. 26, 2024, by macroeconomic policy specialists Lida R. Weinstock and Marc Labonte.

Here are excerpts:

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The Sahm Rule Trigger: Is the United States in a Recession?

The cooling labor market has fueled speculation that the United States could be in or headed for a recession. The unemployment rate has been gradually rising fr . . .

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