TOTAL VOLUME:
$154.4b
24H VOL:
$290,393,159
24H TRANSACTIONS:
2,984,640,614
OPEN INTEREST:
$1,944,100,805
420,493
Markets across
40,511
events
MATCHED EVENTS:
4,612
PLATFORM COVERAGE:
5
Polymarket:
37%
VS.
Kalshi:
63%
Closed: Oct 8, 8:25 AM EST
Kalshi
This event tracks the number of initial jobless claims submitted during a specific week, reflecting the health of the labor market and economic conditions. Higher-than-expected claims often signal potential economic slowdowns or disruptions, while lower numbers suggest stability or growth in employment.
The event resolves based on the total number of initial jobless claims reported for the week ending October 3, 2026. Multiple markets correspond to different claim thresholds, each resolving to 'Yes' if the official figure meets or exceeds its specified level. The outcome is determined by the highest threshold met, with all markets resolving simultaneously based on the same underlying data point. No market resolves to 'No' independently; instead, markets with thresholds above the actual figure will resolve to 'No' by default. The final resolution depends entirely on the published claims count from authoritative government sources.
Currently, prediction market odds reflect a collective assessment of initial jobless claims that may differ from traditional analyst forecasts. While economists and financial institutions publish their predictions, this market represents the wisdom of the crowd, incorporating a broader range of information and perspectives. It’s common to see discrepancies between prediction market probabilities and those from polls or expert opinions, especially as new economic data emerges. This difference can highlight areas where the market anticipates factors not fully captured in conventional analyses.
On Kalshi, this market is priced using a continuous double auction, meaning buyers and sellers submit bids and offers, and trades occur when they match. The price reflects the probability of the event occurring, with higher prices indicating a greater likelihood. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Traders are constantly adjusting their positions based on new information, leading to dynamic price fluctuations. The current price represents the market’s best estimate of the outcome, incorporating all available knowledge and expectations regarding the upcoming jobless claims report.
This market resolves around Oct 8, 2026, with the outcome confirmed once the official initial jobless claims figure for the week ending October 3, 2026, is verifiable from credible public reporting. The U.S. Department of Labor releases this data weekly, and that figure will be the basis for determining the winning outcome in this market. Traders will be able to see the final settlement price and whether their predictions were accurate shortly after the official data release. The resolution process is designed to be transparent and based on publicly available information.
Several signals could significantly impact this market before Oct 8, 2026. Unexpected shifts in economic indicators, such as changes in the manufacturing or services sectors, could influence expectations for jobless claims. Major company announcements regarding layoffs or hiring freezes would also be closely watched. Furthermore, statements from the Federal Reserve regarding monetary policy and the labor market could create volatility. Geopolitical events or unexpected disruptions to supply chains could also indirectly affect the labor market and, consequently, this market’s price.