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Eng-Business

The Sounding Alarm of the Unemployment Rate

In June, the U.S. unemployment rate edged up to 4.1% from the previous month’s 4%, a shift that nearly triggered a significant recession indicator. While historically low, this uptick suggests potential economic challenges ahead. Enter the Sahm Rule, a straightforward yet potent tool in economic forecasting. According to the Sahm Rule, developed by economist Claudia […]

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