🚨 Breaking News: Recession Alert? 🚨

The Sahm rule, a key recession indicator, flashed red on Friday after the US unemployment rate unexpectedly jumped to 4.3% in July. 📉

- US added only 114K jobs vs. 175K expected

- Unemployment rate rose from 4.1% to 4.3%

- Sahm rule triggered as 3-month avg. unemployment rose 53 basis points

Economist Bill Adams warns of higher recession risk, but Claudia Sahm suggests immigration trends may be skewing the data. Is a downturn imminent or just a false alarm? 🤔

Drop your thoughts below! 👇 #Economy #Forex #Crypto #RecessionAlert