The July jobs report has been dominating headlines as data came in weaker than expectations, with 114,000 jobs added to the US economy and unemployment rising to 4.3%. The July jobs data triggered the highly-watched recession indicator known as the Sahm Rule, but what exactly is it?

Market Domination anchor Julie Hyman explains what the Sahm Rule is, developed by and named after former Federal Reserve economist Claudia Sahm.

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This post was written by Mariela Rosales.