Unemployment Rate vs Sahm Rule Indicator

Unemployment Rate

US unemployment rate

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

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

Indicator Comparison

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