๐จ Heads Up! Major Warning Signs in the US Job Market! ๐จ
- The Sahm Rule, a key recession indicator, is nearing activation.
- Unemployment spiked to 4.1% in June, the highest since 2021.
- Economist Claudia Sahm warns weโre in the โyellowโ zone.
- Even with 206k new jobs added, rising unemployment could signal a recession.
- Predictions suggest job losses might increase, with unemployment possibly reaching 5% by year-end.
Whatโs your take? Are we on the brink of a recession? Share your thoughts below! ๐