Sahm Rule Indicator vs Unemployment Rate

Sahm Rule Indicator

Real-time recession indicator

0.10%
-23.08%
No Recession Signal
0.30 0.20 0.10 Feb'26 Mar'26 Apr'26

Unemployment Rate

US unemployment rate

4.3%
+0.00%
Normal
4.4 4.3 4.3 Feb'26 Mar'26 Apr'26

Indicator Comparison

Sahm Rule Indicator Unemployment Rate
Current 0.10% 4.3%
Change -23.08% +0.00%
Status No Recession Signal Normal
Data Source FRED SAHMREALTIME FRED UNRATE
Update Frequency Monthly Monthly
Last Updated May 1, 2026 May 1, 2026