TOTAL VOLUME:
$134.1b
24H VOL:
$141,541,542
24H TRANSACTIONS:
2,388,728,490
OPEN INTEREST:
$1,440,096,988
406,065
Markets across
30,522
events
MATCHED EVENTS:
2,692
PLATFORM COVERAGE:
5
Polymarket:
39%
VS.
Kalshi:
61%
Closed: Jul 1, 11:55 AM EST
Kalshi
This event concerns whether Russia's unemployment rate will exceed 2.0% during May 2026. The market tracks a key economic indicator for the Russian labor market during a specific future month.
Each market resolves to Yes if Russia's unemployment rate for May 2026 exceeds the specified threshold percentage. The thresholds range from above 2.0% through above 2.5% in 0.1 percentage point increments. Resolution is based on the official reported unemployment figure for May 2026.
Prediction market odds on Kalshi often diverge from traditional analyst forecasts and government projections for Russia's unemployment rate. While economists and research firms publish point estimates based on models and survey data, prediction markets aggregate real-money bets from traders with diverse information and incentives. Market odds may price in uncertainty, geopolitical risks, or labor-market shocks that analysts have not yet fully incorporated. Comparing Kalshi implied probabilities to consensus economist views reveals whether traders are more bullish or bearish on Russian employment than the mainstream forecast consensus.
On Kalshi, the Russia unemployment rate in May is priced as binary or range-based contracts where traders buy or sell shares corresponding to specific unemployment outcomes. On Kalshi, prices reflect that venue's order book, liquidity, and how traders price the outcome right now. Each contract's price reflects the market's collective belief in that outcome's probability, ranging from near-zero to near-100 cents per share. Traders profit by correctly predicting whether the actual May unemployment rate will fall into their chosen range or exceed it. Kalshi's order book matches buyers and sellers in real time, so prices adjust continuously as new information arrives and trader sentiment shifts.
The Russia unemployment rate in May market resolves on Jul 8, 2026. Resolution is determined by the official unemployment data released by Russia's statistical authority for May. The market will settle based on the actual reported rate, with each outcome contract paying out according to whether the final figure falls within its specified range. Traders should monitor official announcements and data releases from Russian labor statistics agencies to track when the May figure becomes available and how it compares to pre-resolution market expectations.
Several catalysts could shift market odds for Russia's May unemployment rate. Unexpected changes in labor force participation, sectoral employment reports, or manufacturing activity could signal broader employment trends. Geopolitical developments affecting trade, sanctions, or capital flows may influence hiring decisions. Central bank policy announcements or inflation data could prompt businesses to adjust workforce levels. Early-month employment indicators, wage growth reports, or migration patterns may also move trader expectations. Additionally, revisions to prior months' unemployment figures or shifts in government labor-market interventions could reshape forecasts ahead of the May release.