Won't know for sure until Apr 03 (The Day BLS releases the official unemployment... | Hacker News

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		scottLobster on March 26, 2020 \| parent \| context \| favorite \| on: 3.28M file for U.S. jobless benefits Won't know for sure until Apr 03 (The Day BLS releases the official unemployment rate for March) but this may very well trip the Sahm recession indicator, which has correctly predicted/detected every US recession back to 1950 (If it's been further backfitted I can't find the data). https://fred.stlouisfed.org/series/SAHMCURRENT

yread on March 26, 2020 [–]

I don't think you need a black magic/AI/fancy algorithm to tell whether there is a recession or not

scottLobster on March 26, 2020 | [–]

No, but it's nice to have some confirmation :)

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