Sahm Rule Indicator vs Unemployment Rate

Sahm Rule Indicator

Real-time recession indicator

0.07%
-46.15%
No Recession Signal
0.30 0.18 0.07 Feb'26 Mar'26 Apr'26 May'26

Unemployment Rate

US unemployment rate

4.2%
-2.33%
Normal
4.4 4.3 4.2 Feb'26 Mar'26 Apr'26 May'26

Indicator Comparison

Sahm Rule Indicator Unemployment Rate
Current 0.07% 4.2%
Change -46.15% -2.33%
Status No Recession Signal Normal
Data Source FRED SAHMREALTIME FRED UNRATE
Update Frequency Monthly Monthly
Last Updated June 1, 2026 June 1, 2026