The Federal Reserve's megaphone: Unemployment indicates that the U.S. economy is getting closer to recession
2024-07-05 13:18:28
Federal Reserve voice nick timiraos says United States unemployment rate monthdesk3cryptocurrencydesktopCrypto News
"Federal Reserve mouthpiece" Nick Timiraos said that the unemployment rate in the United States rose from 3.96% in May to 4.05% in June. The data is up 0.22% since March (3.83%). From the Sam rule, the 3-month average is up 0.42% from the 12-month low, which is getting closer to the 0.5% threshold. The connotation of the "Sam rule" is that when the 3-month average of the unemployment rate is 0.5 percentage points above the 12-month low, the economy is in recession.
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
美联储传声筒：失业率显示美国经济越来越接近衰退Next article：
灰度向Coinbase Prime地址转入445枚BTC
