Recession signal (Sahm rule)

Sahm Rule Recession Indicator

0.00 ptsSeptember 2026

Lower than 61% of readings in the last 10 years.

Below the Sahm rule threshold of 0.5.

History

0.00 ptsSep 2026

Since August 2026
+0.07 pts
Over a year (vs September 2025)
-0.23 pts
Range, last 10 years
-0.37 pts to 9.50 pts

What this measures

How far the recent unemployment rate has risen above its low over the past year.

How to read it

A reading of 0.5 or more has marked the start of every US recession since 1970.

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