One trend toward a Recession: yoy %change of U3 & U6

This graph shows yoy %change for the U-3 and U-6 rates for unemployment. (link)

rec2

They are on a normal trend of a business cycle where they bottom out and then head upwards. When the trend starts to go positive, a recession is imminent. The trend is just now hitting 0% which in the last two business cycles signaled a recession about 3 to 9 months ahead of time.

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