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San Francisco Fed Introduces New Method to Monitor US Economic Recession

Summary: According to reports, a tool called the Labor Market Stress Indicator (LMSI) is being used to analyze regional differences in the labor market by counting the number of states where the unemployment rate has risen by at least 0.5 percentage points compared to the lowest level in the past 12 months.

According to reports, a tool called the Labor Market Stress Indicator (LMSI) is being used to analyze regional differences in the labor market by counting the number of states where the unemployment rate has risen by at least 0.5 percentage points compared to the lowest level in the past 12 months.

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